May 18, 2024

News and Political Commentary

A $1.5 Trillion ‘ESG’ Debt Market Has Started Bleeding Clients

2 min read

In the world’s second-biggest ESG debt market, corporate clients are starting to walk away.

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(Bloomberg) — In the world’s second-biggest ESG debt market, corporate clients are starting to walk away.

Extra regulatory requirements, fewer financial incentives and the risk of being accused of greenwashing are putting off clients who just a few years ago were champing at the bit to attach an environmental, social or governance label to their financing, according to bankers and lawyers close to the market.

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Bloomberg News

2024-03-03 09:34:36

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