TOKYO -- Japanese companies have issued 285 billion yen ($2.12 billion) worth of transition bonds this year through July -- 14 times more than in all of 2021 -- as they tap a growing interest among investors in environmental, social and governance factors.
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Nippon Yusen is using the money raised through transition bonds for ships powered by natural gas and other changes that will reduce the company's carbon emissions. (Photo courtesy of Nippon Yusen)
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