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Sustainability

Fashion Goes Green to Raise Capital

The likes of Chanel, Adidas and H&M are landing funds based on potential environmental, social and governance impact, relying on sustainability targets to secure both public and investor goodwill.
Chanel is one of several companies that has utilized ESG financing.
Chanel is one of several companies that has utilized ESG financing. Getty Images (Stephane Cardinale - Corbis)
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BoF PROFESSIONAL

Over the past year, fashion companies from Adidas to Chanel have issued hundreds of millions of dollars in debt to meet environmental targets, betting that there would be plenty of investors interested in financing green projects. Last week, it was H&M’s turn.

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