Impact of Green Bond Issuance on the Company’s Efficiency

Green bonds are a type of bond that is used to finance new or existing environmentally friendly projects. They adhere to certain standards and principles of green financing. The purpose of these bonds is to channel investors’ funds to solve environmental problems. In addition to the positive impact on society, green bonds offer certain advantages for issuers and investors. On the one hand, the considered type of bonds ensures the strengthening of the organization’s reputation as an environmentally oriented business. On the other hand, it allows investors to finance various projects in the field of environmental protection. The research aims to analyze the effect of the issuance of green bonds on the financial and environmental performance of companies. The methodological basis of scientific research is based on a comprehensive system approach and comparative analysis, as well as on general scientific methods—synthesis, comparison, and analogy. The announcement of the issue of green bonds positively affects the company’s quotes. The company’s financial efficiency and corporate social responsibility improved after the issue of green bonds. Experts predict further growth of the green bond market. However, there are several obstacles, including ignorance of existing international standards, lack of understanding of the possible advantages of green bonds, poor development of standards governing green bonds, and high cost of compliance with the requirements imposed by the principles of green bonds.