Deutsche Bank creates criteria for classifying ESG financing
As DB publishes its Sustainable Finance Framework, Citi and BofA have joined the Partnership for Carbon Accounting Financials.
Sustainable Business Models
New ESG scores and risk management promote sustainable finance transition
Refinitiv has debuted Fund ESG scores, while Turnkey has launched a risk management platform that tackles ESG in the supply chain.
Corporates and banks ahead of governments in fighting climate change - Carney
A number of companies have already come out with transition plans for net zero carbon emissions.
Green deposits gain traction
Standard Chartered's sustainable deposits hit the US$2bn mark, showing corporate commitment to green cash management.
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.
Deutsche Bank outlines ambitious sustainability targets as green tech market surges
The bank has committed to at least €200bn of sustainable financing and investments by 2025.
Citi releases first ESG report
Global loan market associations have also issued new sustainability guidance documents.
Basel Committee publishes stocktake report on climate-related financial risk initiatives
Future work includes analytical reports and developing effective supervisory practices.
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.
Link secures A$212m sustainability-linked loan from DBS
The funding is in Australian dollars to match the currency of Link’s latest acquisition in Sydney.
CTMblog: Reduction in climate warming as Coronavirus and digitisation impact
Long-term impact Coronavirus pandemic could be just what climate change needs
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.
A.P. Moller - Maersk links US$5bn revolving credit facility to CO2 performance
The credit margin under the facility will be adjusted based on its progress in reducing CO2 emissions per cargo moved by 60% by 2030.
MUFG partners with Sydney Airport to deliver first ESG-linked US private placement
Coupon payments on the financing can vary two-ways according to the performance of the borrowers' sustainability and ESG metrics.
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.
Gunvor renews US$725m sustainability-linked facility
Per the deal, Gunvor received a discount on its interest rate as sustainability targets were met.
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.
Customers willing to drop brands on perceived environmental impact
ING studies find consumer adoption of circular practices relies on convenience, availability and understanding of sustainable options.
Yes corporate treasury departments DO have a purpose, but …
Bruce Lynn, Financial Executives Consulting Group, “Not sure Treasury prepared to answer this question without some context…”