The need to transition economies to more environmentally friendly and socially conscious settings, and for financial markets to facilitate this transition, requires vast amounts of data to assess, measure and compare progress. Refinitiv has been collating environmental, social and governance data on companies around the world since 2002 and shares its findings on the Asia-Pacific region.
Differing levels of progress across global jurisdictions toward the end goal of LIBOR cessation demonstrates both that a successful transition is possible and that pitfalls await for those that do not move swiftly enough. There are lessons for Australia and New Zealand in how international markets have adapted to benchmark change.
The two most discussed concepts in today’s debt capital market could well be the ever-growing relevance of sustainable finance and the return of inflation as a live consideration. FTSE Russell and Refinitiv – now aligned under common ownership – have brought the two together in an innovative new index offering.