JPMorgan Sees Fear Receding in a $1.8 Trillion Loans Market (2)

In a corner of the credit market that regulators last year characterized as a potential hot-bed of greenwashing, there are signs that bankers have been cracking down on corporate pitches.

Paul O’Connor, head of EMEA sustainable finance, debt capital markets at JPMorgan Chase & Co., says corporate clients are now taking the time to “properly” put together their pitches for so-called sustainability-linked loans. As a result, the market is seeing “more sensible structures,” he said.

SLLs form one of the least regulated corners of ESG finance. They’re also one of the biggest. Since the first SLL was ...