ESG & Investing
A $1.5 Trillion ESG Debt Market Has Started Bleeding Clients
- Bankers say clients are wary of greenwashing allegations
- Sustainability-linked loan issuance is down 74% year-to-date
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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.