Archive

People moves 7 April: Sustainable Fitch, Zurich, IIGCC, Symbiotics ... and more

Chinese banks not shifting away from coal, says Sustainable Fitch

Despite a movement into 'cleaner' assets, Chinese banks have yet to shift away from coal, which risks leaving many with stranded assets, Sustainable Fitch has said.

Indian green taxonomy 'crucial' to boosting domestic green bond market

Sustainable Fitch said the Indian sovereign green bond debut will increase interest in domestic green bond issuance, but that it was "crucial" that the Indian government finalise its green taxonomy to boost issuance.

Chinese investors 'dubious' about Hong Kong green bond issuance

Chinese investors are "dubious" about offshore green bond issuances in Hong Kong because of the lack of green bond rules in place in the financial centre , Sustainable Fitch has told Environmental Finance.

China needs a transition taxonomy, says Fitch

China should introduce a transition taxonomy to avoid ambiguity on the credibility of onshore sustainability-linked (SLBs) and transition bonds, Sustainable Fitch has said.

ESG polarisation to continue in 2023, says Fitch

Sustainable Fitch launches ESG ratings for labelled structured bonds

SLB step-ups have almost no correlation with credit quality - Fitch

Sustainable Fitch has found "almost no correlation" between an issuer's credit rating and the typical coupon step-up for sustainability-linked bonds as it recommended greater variation to account for an issuer's credit profile or sustainability ambitions.

Sustainable Fitch issues 1,000 impact-focussed ESG ratings

Sustainable Fitch has launched ESG ratings of more than 1,000 green, social and sustainable (GSS) bonds.

Fitch launches 'first' extensive leveraged finance ESG scores