CISR RESEARCH DOSSIER

ESG Integration and Cost of Capital in European Corporate Debt Markets

Econometric modeling of secondary bond spreads, sustainability-linked covenant structures, and investor screening premiums.

OngoingSustainabilityRenewable EnergyClimate Resilience

calendar_today2024 – 2027

location_onCoastal Regions, Bangladesh

groupsResearch Team (8)

Econometric modeling of secondary bond spreads, sustainability-linked covenant structures, and investor screening premiums.

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Project Overview

This project assesses empirical pricing differentials between conventional corporate bonds and sustainability-linked debt issues across European capital markets. Utilizing transaction-level secondary market data from over 3,400 debt instruments issued between 2020 and 2025, our team isolates the greenium (green premium) and evaluates whether ESG rating divergence induces market mispricing.