ESG & Investing
ESG Bond Sales Hit 12-Month High; Debut Deals Pile Up
- Air France-KLM, Indian government issue first sustainable debt
- Moody’s sees greenwashing concerns tempering pace of recovery
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Global sales of sustainable debt last month jumped to the highest in a year as borrowers took advantage of a rebound in bond markets to debut deals.
Sales of bonds tied to environmental, social and governance projects around the world reached $111.4 billion in January, the busiest since January 2022 when sales climbed to $111.8 billion, according to data compiled by Bloomberg.