supermarket in Australia has become the world ’s first retailer to issue green bonds , as part of its goal to improve its environmental credentials . The bonds are certified by the London - based Climate Bonds association , and the supermarket chain is looking to invest around AUD$400 m ( $ 290 million ) to fund developments such as the installation of solar panels at its stores and distribution centres .
Woolworths in Australia has become the world’s first retailer to issue green bonds, as part of its goal to improve its environmental credentials. The bonds are certified by the London-based Climate Bonds Initiative, and the supermarket chain is looking to raise around AUD$400m ($290m) to support developments such as the installation of solar panels at its stores and distribution centres.