Ep 116 ft. Kenza Bryan
Clauses & Controversies
00:00
Unusual Nature of SOB Instrument
The chapter explores the unusual nature of the SOB instrument, which combines disconnected but progressive ambitions into one financial instrument. While sustainability linked bonds aim to tie the cost of debt to meeting social and environmental targets, in practice, the targets often do not align with companies' transition goals. This chapter discusses the confusion and nonsensical nature of these bonds, as well as the drop off in interest in sustainability linked bonds.
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