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

River Action says use of issuance tied to environmental benefits is corporate greenwash on steroids'

Water companies have issued a fifth of the UK's green bonds" since 2017, despite a consistently poor record of sewage pollution during that time, research has shown.

Privately owned water companies in England have together issued 10.5bn in bonds tied to projects that offer environmental benefits", according to analysis of financial market data by Unearthed, which is part of Greenpeace UK.