England’s water industry issued £10.5bn in ‘green bonds’ despite pollution record
NegativeWorld Affairs

- England's water companies have issued £10.5 billion in green bonds since 2017, despite a persistent record of sewage pollution, according to research by Unearthed, part of Greenpeace UK. This issuance is criticized by River Action as being a form of corporate greenwashing, as the environmental benefits claimed are undermined by ongoing pollution issues.
- The issuance of these green bonds is significant for the water companies as it allows them to raise capital ostensibly for environmentally beneficial projects, while their actual performance in managing sewage pollution raises serious questions about their commitment to sustainability.
- This situation reflects a broader concern regarding the accountability of private water companies in England, particularly as environmental disasters, such as the contamination from plastic beads at sewage plants, highlight the urgent need for modernization and improved practices in water management.
— via World Pulse Now AI Editorial System







