Archive

Demographic trends pose risks to sovereign creditworthiness

Demographic trends are one of 15 factors considered by Fitch in its ESG relevance scores. Ed Parker explains

Fossil fuel exclusion proves a slow burn for US insurers

US insurers say they are ready to stop investing in climate-harming coal. But only one has divested from the fossil fuel to date. Could Chubb’s move be the start of a wider transition by US insurers away from fossil fuels or is it empty talk? Sarfraz Thind reports.

Bond round-up: Societe Generale, Ferrovie, Posco, BKW Group and more...

New York State Housing Finance Agency has issued a preliminary statement announcing its intention to issue two sustainability bonds amounting to $72.77 million and $9.6 million.

AIIB issues $2.5bn sustainability-themed bond

The Asian Infrastructure Investment Bank (AIIB) has issued its first 'global bond', worth $2.5 billion, to finance environmentally friendly infrastructure investment and promote environmental, social and governance (ESG) investing across Asia.

Green bond round-up: ICO, Klabin, Reykjavik Energy, Midsummer, IBRD, Fabege, Housing New Zealand, Argosy Property and Vasakronan

Instituto de Crédito Oficial (ICO), a state-owned Spanish bank, has issued a €500 million ($562 million) green note that matures in 2024.

MSCI's Mervyn Tang moves to Fitch Ratings

MSCI's Mervyn Tang has been appointed as head of environmental, social and governance (ESG) research for Fitch Ratings' global sustainable finance group. He reports to Andrew Steel, global head of sustainable finance.

Green bond round-up: Danske Bank, Cassa depositi e prestiti, Kommuninvest, Teonec, NYSERDA, NY State Housing and Vasakronan

Danske Bank has become a green bond issuer for the first time, in a deal worth €500 million ($568 million).

Danish pension fund invests DKK90m in sustainability bonds

Danish pension fund Sampension has invested DKK90 million ($13.6 million) in a sustainability bond from the German state of North-Rhine Westphalia.

Green bond round-up: Société du Grand Paris, Duke Energy, ReNew Power, Kommuninvest, World Bank, Santa Fe

Poland prices longest-dated sovereign green bond

The Republic of Poland has priced the longest-dated sovereign green bond, as it returned to the green bond market for a €2 billion ($2.3 billion) fundraise.