FRAME | Fashion financing doubles down on sustainability
At the start of the year we wrote about how Prada had taken on a major sustainability-linked loan, ensuring that the brand had to either reduce its environmental impact or else face pecuniary consequences. We speculated that more brands were likely to follow Prada’s lead in tying the way they raise capital to sustainability objectives, something that would have a fundamental impact on the design and operation of their property portfolios.
Source: www.frameweb.com
