Rewarding business for ESG practices
by Ben Poole
CBA is providing Wesfarmers with financing to achieve its broader sustainability goals.
Sustainable Funding/Investment
Comprehensive ESG backed by world’s largest sovereign wealth fund
by Ben Poole
Norges Bank calls for companies to improve and increase ESG disclosures.
JPMorgan Chase expands commitment to green policies
by Ben Poole
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
by Ben Poole
The credit margin under the facility will be adjusted based on its progress in reducing CO2 emissions per cargo moved by 60% by 2030.
CTMcast - 27 February 2020 : Review of key recent posts
by Jack Large
Jack and Ben reviewed the last week’s developments and stories, including the ACT Cash Management Conference.
MUFG partners with Sydney Airport to deliver first ESG-linked US private placement
by Ben Poole
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
by Ben Poole
It calls for ECB policies to better reflect environmental and climate goals.
Deutsche Bank research notes increasing relevance of green bonds in the corporate bond market
by Ben Poole
In 2018 and 2019, around half of green bond issuance came from either corporates or financials.
Gunvor renews US$725m sustainability-linked facility
by Ben Poole
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
by Ben Poole
The bank also commits to net zero carbon emissions from its operations by 2030.
Commerzbank joins the Climate Bonds Partner Programme
by Ben Poole
The bank has been a signatory of the Green Bond Principles since 2014.
BNP Paribas and EIF launch €10m fund to co-invest in EU social impact bonds
by Ben Poole
The fund provides a tool for the EU to improve access to financing for various social organisations and companies.
Deutsche Bank partners with the European Investment Bank on latest green bond
by Ben Poole
The two banks previously partnered on the world's first green bond in 2007.
What’s holding back circular economy growth?
by Ben Poole
Two new reports from ING explore the progress of this economic model.
Green bonds set to gain strength in 2020 following record year
by Ben Poole
China, USA, France and Germany dominated the green bonds market in 2019, accounting for over 40% of all proceeds globally.
Lloyds Bank rolling out corporate tools as part of carbon cutting pledge
by Ben Poole
The banking group pledges to cut carbon by more than 50% in the next decade to help finance a green future.
Banking sector ‘active mindset’ key to accelerating response to climate crisis
by Ben Poole
BEI report outlines path to a greener future for banks.
Nasdaq solution seeks to simplify corporate ESG reporting
by Ben Poole
The platform aims to support corporate sustainability and the ESG reporting process for public companies.
US$200m climate debt fund launched by responsAbility
by Ben Poole
The fund is targeting the lack of access to clean power, particularly in areas of Africa and Asia.
Intesa Sanpaolo in circular economy financing for Schwarz Group subsidiary
by Ben Poole
The transaction draws on the bank’s dedicated €5bn financing facility.
Welltower closes inaugural green bond offering
by Ben Poole
The offering of US$500m of senior notes is due in February 2027.
Goldman Sachs fossil finance policy shines spotlight on other US banks
by Ben Poole
The bank has ruled out thermal coal and Arctic oil projects, commits to exit coal mining.
EBA pushes for early action on sustainable finance
by Ben Poole
The EBA’s workplan on sustainable finance will focus first on key metrics and disclosure to support banks’ green strategies.
US companies and labour unions unite for climate action
by Ben Poole
ING says the alliance underlines the importance of a stable transition to a low-carbon economy.