H&M to raise funds through green bond sale

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STOCKHOLM – H&M Group has announced plans to issue its first green bond sale with the funds earmarked for investment in working towards its previously announced sustainability targets.

With a target of €500 million ($843 million), the proceeds will be targeted at projects that will increase its use of recycled materials and renewable energy as well as expanding its development of sustainable water projects.

STOCKHOLM – H&M Group has announced plans to issue its first green bond sale with the funds earmarked for investment in working towards its previously announced sustainability targets.

With a target of €500 million ($843 million), the proceeds will be targeted at projects that will increase its use of recycled materials and renewable energy as well as expanding its development of sustainable water projects.

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