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(Why) Are ESG Sovereign Bonds (Such) Scams?

(Why) Are ESG Sovereign Bonds (Such) Scams?
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Amazon $1 billion bond to be used for climate, social causes

Amazon $1 billion bond to be used for climate, social causes Robert Besser 14 May 2021, 01:38 GMT+10 Amazon.com Inc issued its first sustainability bond on Monday, raising $1 billion to invest in renewable energy, clean transport, greener buildings and affordable housing Global green bond issuances reached a record high of $270 billion at the end of 2020 and could reach $450 billion this year, according to Climate Bonds Initiative The money raised through the sustainability bond is a small part of the total debt Amazon issued on Monday, at some $18.5 billion SEATTLE, Washington: Joining the growing list of debt issuers tapping the market for green bonds, Amazon.com Inc issued its first sustainability bond on Monday, raising $1 billion to invest in renewable energy, clean transport, greener buildings and affordable housing.

Climate, social causes to be funded by Amazon sustainable bond

Climate, social causes to be funded by Amazon sustainable bond 14 May 2021, 01:38 GMT+10 SEATTLE, Washington: Joining the growing list of debt issuers tapping the market for green bonds, Amazon.com Inc issued its first sustainability bond on Monday, raising $1 billion to invest in renewable energy, clean transport, greener buildings and affordable housing. Global green bond issuances reached a record high of $270 billion at the end of 2020 and could reach $450 billion this year, according to Climate Bonds Initiative. The money raised through the sustainability bond is a small part of the total debt Amazon issued on Monday, at some $18.5 billion, which the company said forms part of a new Sustainable Bond Framework and will be spent on new and existing projects.

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