Since 2012
River Action says use of issuance tied to environmental benefits is ‘corporate greenwash on steroids’
Water companies have issued a fifth of the UK’s “green bonds” since 2017, despite a consistently poor record of sewage pollution during that time, research has shown.
Privately owned water companies in England have together issued £10.5bn in bonds tied to projects that offer “environmental benefits”, according to analysis of financial market data by Unearthed, which is part of Greenpeace UK.
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