Banks are really cashing in on ESG bonds
Banks have earned about $3.6 billion in fees in 2021 from arranging sales of ESG bonds for companies and governments. That is more than double the $1.6 billion banks pocketed so far this year from issuing debt for fossil-fuel companies. About $750 billion of ESG bonds have been issued this year, compared with $468 billion during all of 2020.

29 September 2021

Bloomberg