Marfrig sticks its neck out with transition bond

Marfrig Global Foods, the Brazilian beef producer, has stirred up the green finance market by issuing a $500m ‘sustainable transition bond’. To some, it is a template for a new asset class that can help finance the global economy’s shift to lower carbon emissions. To others, it is a shocking case of greenwashing. By Oliver West and Jon Hay.

  • By Jon Hay, Oliver West
  • 01 Aug 2019
Awareness of the environmental impacts of agriculture, especially on climate change, is rising. Beef is one of the most carbon-intensive forms of food, and it has become common in the developed world to argue that people will have to reduce their consumption of meat, especially beef, if not ...

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Global Green Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 7,178.58 51 6.06%
2 Bank of America Merrill Lynch 6,280.15 41 5.31%
3 BNP Paribas 6,166.19 40 5.21%
4 Credit Agricole CIB 6,008.20 38 5.08%
5 Citi 5,896.95 38 4.98%