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Oil and gas industry moves to tap ESG-linked loans with pledges to cut emissions
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fnlondon.comThe oil and gas industry is increasingly looking to tap the rapidly growing pool of ESG-linked financing. Not everyone is convinced by the companies’ pledges to cut emissions, which underpin the loans.
Since 2021, a handful of North American fossil-fuel companies have issued sustainability-linked bonds and other instruments that are typically tied to certain environmental, social and governance metrics.
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