Archive

Rise of transition plans could remedy regulatory 'failure' to boost transition finance

Many companies have no climate adaptation plans, says S&P

Just one-fifth of rated companies have a plan in place to adapt to climate change, and less than half of these plan on implementing their plans in the next decade, according to a report by S&P Global Ratings.

ESMA proposes mandating ESG transparency in credit ratings

The European securities regulator has proposed requiring credit ratings agencies to explicitly state where and how ESG factors are incorporated in their methodologies.

PenSam's carbon budget index

The Danish pension provider's new climate index will help it reduce its climate risks, Mikael Bek tells Peter Cripps

S&P: Climate-related credit rating actions 'to grow'

Climate-related credit rating actions at corporate and infrastructure issuers doubled in number last year and are expected to continue to increase, S&P Global Ratings predicts.

US muni sustainable bond market to grow in 2024, predicts S&P

US municipal issuance of sustainable bonds is forecast to grow 5% in 2024 as issuers are incentivised to return to the market and issuance sizes continue to grow, according to S&P Global Ratings.

Debt-for-nature swaps not improving issuers' credit ratings

Debt-for-nature swaps have not made any improvement to sovereign credit ratings, according to S&P Global, although it predicted the instrument will continue to gain traction.

People Moves, 1 March: South Pole, PRI, Blue Earth Capital, United Bankers ... and more

S&P launches two biodiversity benchmarks

S&P Dow Jones Indices has launched two biodiversity benchmarks, tracking a subset of equities within the S&P 500 and S&P Global LargeMidCap indices.

S&P: US REIT green bond issuance plummets in 2023

Green bond issuance by US real estate investment trusts (REITs) plummeted to just 3.6% of the market in 2023, down from around 18% in both 2022 and 2021.