How do environmental, social and governance (ESG) factors fit into the municipal bond landscape now, if at all? The topic has driven robust debate during the last five years but some market participants see it as an opportunity for industry growth in the U.S. and abroad. They're on to something: ESG bond issuance has grown even as overall municipal issuance has dropped precipitously.
Get the report
We decided it was time to updates industry sentiment from an October 2021 report by asking similar questions two years later. The responses reflect some of the changes to the marketplace itself since then, but much sentiment remains the same. The areas where it has shifted offer insight into how market participants see ESG fitting into the muni market.