On the 12th day of Christmas my true love gave me the key questions for 2021
For the difficult and bumpy year 2021 is bound to be, the key questions are:
Corporate Governance
On the third day of Christmas the Peter Drucker* Foundation sent to me suggestions on how to:
Focus and drive an effective and efficient corporate treasury department
Climate-related financial disclosures under the microscope
As a UK Treasury report looks at climate-related disclosures, Scottish Widows divests £440m from corporates posing ESG risk.
Climate risk exposure looms large for US banking sector
Over half of syndicated lending of US banks is exposed to climate risk, as investor pressure mounts on corporates to disclose climate lobbying.
Banks ramp up plans to tackle carbon emissions
HSBC is the latest to aim to align its portfolio of financed emissions to achieve net zero.
Bank of America issues US$2bn equality progress sustainability bond
The broad ESG-themed security issuance comes as Fitch Solutions launches an ESG relevance score solution.
Nearly two-thirds of major UK firms passing the corporate governance test
EY research has found 61% of UK FTSE350 companies are fully compliant with the 2018 Corporate Governance Code.
Major banks continue ESG momentum
Both Citi and HSBC have recently announced strategic solutions to tackle climate risk.
Businesses divided on implications of COVID-19 crisis for company ethics
90% believe that disruption, as a result of COVID-19, poses a risk to ethical business conduct.
What does COVID-19 mean for the climate change battle?
Two new research reports explore the impact the pandemic is having on efforts to tackle climate change.
The fundamental question for your CEO: What is your transition plan to reach net zero?
Two sessions at the ACT’s virtual International Treasury Week showed that climate change is the no. 1 problem not the COVID-19 pandemic
Citi releases first ESG report
Global loan market associations have also issued new sustainability guidance documents.
COVID-19 cyber and ESG implications for corporates
The employee factor looms large for companies in the fallout from the pandemic crisis.
Sustainability is crucial for innovation leaders
Lux Research says resource, emissions, and waste reductions are key strategies for success, as ING and Refinitiv enhance ESG efforts.
ESG commitments pushing ahead in spite of COVID-19
The EU Green Deal seems to still be on track, while Mizuho has announced strict new ESG policies.
ESG ups the MMF burden of proof
Fitch Ratings estimates that global AUM in ESG-focused MMFs grew by 30% in 2019 to €70bn, compared with 15% growth in traditional MMFs.
Comprehensive ESG backed by world’s largest sovereign wealth fund
Norges Bank calls for companies to improve and increase ESG disclosures.
JPMorgan Chase expands commitment to green policies
The firm is facilitating US$200bn in 2020 for transactions that support climate action and efforts to advance UN sustainable goals.
CTMcast - 27 February 2020 : Review of key recent posts
Jack and Ben reviewed the last week’s developments and stories, including the ACT Cash Management Conference.
European Parliament challenges ECB over green policies
It calls for ECB policies to better reflect environmental and climate goals.
UBS launches ‘Future of…’ series of white papers and investment solutions
The series starts with a Future of Waste white paper and investment offering, including a framework for 'waste reduction bonds'.
Deutsche Bank research notes increasing relevance of green bonds in the corporate bond market
In 2018 and 2019, around half of green bond issuance came from either corporates or financials.
Standard Chartered pledges US$75bn to sustainable development goals
The bank also commits to net zero carbon emissions from its operations by 2030.
Commerzbank joins the Climate Bonds Partner Programme
The bank has been a signatory of the Green Bond Principles since 2014.