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Eaton announced its first $1.3 Billion Sustainability bond
Eaton's Sustainability-linked notes will target Scope 1 and 2 greenhouse gas (GHG) emissions reductions. This follows Eaton's 2020 commitment to science-based targets and their published Sustainability Linked Notes Framework.
In context, the global sustainable bond market raised $442 billion in the first six months of this year, with sustainability-linked bonds seeing their sharpest growth.
Now that Eaton has made this commitment, others will soon follow.