Water Companies Face Scrutiny After Borrowing $13 Billion in Green Bonds Despite Rising Pollution
• England’s water utilities have issued £10.5 billion in green bonds since 2017, yet sector-wide environmental performance deteriorated last year.• Major issuers Anglian Water (£3.5 billion) and Thames Water (£3.1 billion) recorded the highest pollution incident numbers and remain rated red by the Environment Agency.• Investigators found that some green bond proceeds refinanced existing projects […]
