Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
green bonds
Stock Market

H&M issues €500 million worth of green bonds

14.11.2021
2 min read

For what purposes green bonds are used

European retail market leader H&M announced its intention to float green bonds worth a total of 500 million euros. The payments on the company’s bonds will be made through the implementation of various sustainability goals. 
The Swedish retailer decided to keep up with the times, and turned its attention to the promising direction of green bonds. They are designed for a period of 8.5 years, and will be associated with environmental protection projects. The main feature of such bonds will be their focus and impact on H&M. Green bonds will be a kind of incentive for the retailer to increase the use of recycled materials and reduce carbon dioxide emissions from manufacturing products.
The company’s key goal is to replace all materials used in the manufacture of clothing, footwear and accessories with completely environmentally friendly or recycled materials by 2030. For example, now the use of such components is more than 60%.
H&M is not the first company in the fashion industry to use green bonds. Previously, bonds related to environmental projects were placed by Chanel, retail chain Tesco (UK) and LafargeHolcim (France), a manufacturer of building materials. This type of securities was actively introduced by the energy corporation Enel.H&M placed green bonds Companies that issue green bonds tie them to various environmental projects, while designating a timetable for their execution. If the issuer fails to achieve this objective, then it will have to pay additional compensation to the owners of the securities. The latter is a coupon of a higher value than the original investment, for the life of the bond or when the maturity date comes. For example, fashion house Chanel said it would increase the rate by 0.75% on bonds through 2031 if it did not meet its goal of reducing emissions in production. 
In 2019, Apple launched euro-denominated green bonds. The papers, worth 2 million euros, have two maturities of 6 and 12 years. The company uses the proceeds to develop innovative solutions for energy efficiency. In addition, Apple uses various mechanisms to make its products accessible to recycling. Particular attention is paid to reducing harmful emissions, both in production and in the performance of supply chains.
According to experts, the corporation clearly follows its goals, its use of the very concept of green bonds fully meets the requirements for green bonds.

Tags: Stock Market
0
Previous Post Severe economic crisis in Norway: options for getting out of it Next Post Oksana Kholodenko, BCS World of Investments: the US stock market is at record highs

You Might Also Like

Airplane duties
Stock Market
The US imposes duties on aircraft from Europe
09.11.2020
Boston Scientific
Stock Market
Boston Scientific acquired Apollo Endosurgery
28.02.2023
atai life sciences
Stock Market
Startup ATAI Life Sciences plans an IPO
23.01.2022
default of Chinese companies
Stock Market
Record defaults by Chinese companies recorded
19.08.2022
FRS has lowered the stakes
Stock Market
FRS has lowered the bet: review of the new strategy from Jerry Powell
01.08.2020
Developer Samolet
Stock Market
Developer Samolet placed its shares at Moscow Stock Exchange
17.07.2021

Recent Posts

  • 1Mary Erdoes
    Mary Erdoes: the most powerful woman on Wall Street
    02.06.2023
  • 2Pilatus Aircraft
    Pilatus Aircraft: the history of the Swiss aircraft manufacturer
    01.06.2023
  • 3investment triangle to select a particular asset
    Investment triangle: how to choose the best asset for investment
    31.05.2023
  • 4Nissan and Renault
    Nissan and Renault invest $600 million in a joint venture
    30.05.2023
  • 5Noventiq
    Noventiq plans to float on the Nasdaq exchange
    29.05.2023

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Where Russian rich people invest in: results of international research

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press
16.05.2020

Latest Posts

inflation in the UK
Inflation in the UK will decline: analysts’ forecasts
03.06.2023
Mary Erdoes
Mary Erdoes: the most powerful woman on Wall Street
02.06.2023
Pilatus Aircraft
Pilatus Aircraft: the history of the Swiss aircraft manufacturer
01.06.2023

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Where Russian rich people invest in: results of international research
  • Best stock exchanges in the world: India’s oldest stock exchange
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics