Tr?id=566623520170033&ev=PageView&noscript=1

JP Morgan Manager Reveals Issues Regarding ESG Loan Pitches

Posted on June 28th, 2022 at 3:03 PM
JP Morgan Manager Reveals Issues Regarding ESG Loan Pitches

From the Desk of Jim Eccleston at Eccleston Law:

The market for sustainability-linked loans is still severely prone to “greenwashing”, or investing more time and effort into marketing itself as environmentally friendly rather than actually minimizing its environmental impact, according to one of J.P. Morgan’s managers who often helps to sort through debt that is pitched to the company. 

J.P. Morgan is seeing a lack of consistency in the quality of ESG loan pitches, according to Andre Abadie, managing director at J.P. Morgan’s Center for Carbon Transition. Abadie additionally noted that many sustainability-linked loan pitches he reviews “aren’t really fit for purpose” while the market tends to be “a bit of a wild west.” Sustainability-linked debt continues to grow in popularity as the market for ESG debt may reach $15 trillion by 2025, according to Bloomberg Intelligence. 

Further, issuers typically view sustainability-linked debt as an easier method of entry into the market for environmental, social and governance products as opposed to green bonds, according to Abadie. J.P. Morgan introduced its Center for Carbon Transition in 2020 in an effort to help the firm align its business with the recommendations outlined in the Paris climate agreement. 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, regulatory and disciplinary matters.

Tags: eccleston, eccleston law, jp morgan, loan pitches

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

You were most helpful with my FINRA deposition. You are a good lawyer and a good person.

Dan B.

LATEST NEWS AND ARTICLES

1786734880 Law
August 14, 2026
Cash Sweep Litigation Continues to Drive Legal Costs

Cash sweep litigation continues to increase legal costs for wealth management firms despite the Securities and Exchange Commission's (SEC) decision under the Trump administration to close pending investigations without imposing enforcement penalties, according to AdvisorHub.

1786636784 Law
August 13, 2026
FINRA Orders Centaurus Financial to Pay $1.1 Million Over Variable Annuity Supervision Failures

The Financial Industry Regulatory Authority (FINRA) has ordered Centaurus Financial Inc.

1786553985 Law
August 12, 2026
Proposed FINRA Enforcement Reforms Draw Mixed Reactions From Industry Participants

A new report recommending changes to the Financial Industry Regulatory Authority's (FINRA) enforcement program has generated mixed reactions from investor advocates, securities attorneys and industry professionals, according to ThinkAdvisor.