Tuesday, May 12, 2026
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Lack of scrutiny on ‘green’ bonds offering firms cheap finance while derailing climate action

Fashion giant Chanel, known for its iconic perfume and tweed suits, keeps up to date with changing tastes. These days that means showing consumers — and investors — that it’s doing its part to combat climate change.

So when the company needed to borrow money two years ago, it turned to a hot new financial product: sustainability-linked bonds (SLBs).

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