Bankers Seek Legal Cover After Backing $1.5 Trillion of ESG Debt
“Bankers servicing one of the world’s biggest ESG debt markets are now actively seeking legal protections to guard against the potential greenwashing allegations that may be ahead.”
[COMMENTARY] It seems that some sustainability-linked loans are backed by sustainability metrics that were often unavailable to the public. Note: were sloppy bank practices in play so that some bankers could get hefty commissions and bonuses?
Bankers Seek Legal Cover After Backing $1.5 Trillion of ESG Debt, by Greg Ritchie and Alastair Marsh, November 5, 2023, Bloomberg, USA.