Archive

Examining countries' vulnerability to physical climate risks

S&P Global Ratings assesses the vulnerability of 135 countries to climate change and lays out the case for climate finance

Tokio Marine plans ¥100bn of divestments

Japanese insurer Tokio Marine will divest at least ¥100 billion ($884 million) of equities, including in fossil fuel firms, by its 2023 reporting year as part of its commitment to sustainability.

Issuing sustainability-linked bonds 'won't allow Philip Morris to bypass exclusions'

Issuing sustainability-linked bonds will not provide tobacco giant Philip Morris International (PMI) an alternative route into bond portfolios...

S&P: Corporate climate data misuse causing greenwashing

The unintentional misuse of climate data in risk analysis by corporations is causing 'greenwashing', S&P Global Ratings has said.

News round-up: Lyxor fund launches, S&P, private investment humanitarian aid boost urged ... and more

Social surge helps 2020 sustainable bond issuance to double

After a record-breaking $600 billion sustainable bond issuance in 2020 in which diversification beyond green bonds gathered pace, expectations are high that the momentum will be carried into 2021. Ahren Lester reports

ESG Ratings in fixed income: A good start

ESG ratings should only be used as a first step when it comes to assessing issuers, a panel at Environmental Finance's ESG and Fixed Income 2020 conference heard. Ahren Lester reports

EU targets €225bn green bond issuance amid strengthened climate push

The EU said it intends to raise 30% of its €750 billion ($890 billion) Next Generation EU (NGEU) recovery fund through the issuance of green bonds, as it boosted its greenhouse gas (GHG) emissions reductions target for 2030.

Water webinar: With risk recognition rising, it's time to rethink resilience and adaptation

Water risk is beginning to receive greater attention, but it is time to press companies to disclose as well as consider the future opportunities. Ahren Lester reports.

Social bond growth outstrips green bonds - S&P

Social bonds will grow faster than green bonds this year, as issuers deploy the model to help finance coronavirus pandemic response measures, according to S&P Global Ratings.