Fashion Goes Green to Raise Capital | BoF Professional, News & Analysis

Over the past year, fashion companies from Adidas to Chanel have issued hundreds of millions of dollars in debt to meet environmental targets, betting that there would be plenty of investors interested in financing green projects. Last week, it was H&M’s turn.

The Swedish fast fashion giant made plans to issue €500 million ($607 million) in bonds that will go towards goals ranging from increasing the use of recycled materials to reducing greenhouse-gas emissions by 10 percent.

H&M’s announcement is the latest example of a trend growing across industries as companies seek to tap into appetite for environmental, social and corporate governance (ESG) financing. It extends to a variety of financial products from sustainability-linked bonds — a current favourite among fashion companies — to green and social-impact bonds that help businesses fund social and environmental projects across their companies and supply chains. Roughly $4 billion in sustainability-linked bonds were issued

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Capital Metro reminding customers of stricter face mask enforcement

Bandanas and single-ply fabric face coverings no longer meet the federal requirements.

AUSTIN, Texas — Austin public transit authority Capital Metro is reminding its travelers that face masks are not only necessary to help limit the spread of COVID-19, they’re required by law.

On Tuesday, CapMetro sent out a reminder that both customers and employees are required to wear face coverings and that the policy is being strengthened by new regulations from the Centers for Disease Control. The new order requires customers across the U.S. to wear face masks, and bandanas and other single-ply fabric coverings do not meet the federal requirement.

RELATED: President Biden signs burst of coronavirus orders, requires masks for travel

Face covering requirements have been enforced on all CapMetro services and at facilities since April 2020. Since then, operators have reminded who are customers not wearing coverings that they must do so while onboard. All

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Vogue China Founding Editor Angelica Cheung Joins Sequoia Capital


3 ‘Strong Buy’ Stocks With 8% Dividend Yield

Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily progressing COVID vaccination programs – are still in play, even if they are not quite as strong as investors had hoped. While increased volatility could stay with us for a while, it’s time to consider defensive stocks. And that will bring us to dividends. By providing a steady income stream, no matter what the market conditions, a reliable dividend stock provides a pad for your investment portfolio when the

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