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.
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.
by Jack Large
Jack and Ben reviewed the last week’s developments and stories, including the ACT Cash Management Conference.
by Ben Poole
Coupon payments on the financing can vary two-ways according to the performance of the borrowers' sustainability and ESG metrics.
by Ben Poole
It calls for ECB policies to better reflect environmental and climate goals.
by Ben Poole
In 2018 and 2019, around half of green bond issuance came from either corporates or financials.
by Ben Poole
Per the deal, Gunvor received a discount on its interest rate as sustainability targets were met.
by Ben Poole
The bank also commits to net zero carbon emissions from its operations by 2030.
by Ben Poole
The bank has been a signatory of the Green Bond Principles since 2014.
by Ben Poole
The fund provides a tool for the EU to improve access to financing for various social organisations and companies.
by Ben Poole
The two banks previously partnered on the world's first green bond in 2007.
by Ben Poole
Two new reports from ING explore the progress of this economic model.
by Ben Poole
China, USA, France and Germany dominated the green bonds market in 2019, accounting for over 40% of all proceeds globally.
by Ben Poole
The banking group pledges to cut carbon by more than 50% in the next decade to help finance a green future.
by Ben Poole
BEI report outlines path to a greener future for banks.
by Ben Poole
The platform aims to support corporate sustainability and the ESG reporting process for public companies.
by Ben Poole
The fund is targeting the lack of access to clean power, particularly in areas of Africa and Asia.
by Ben Poole
The transaction draws on the bank’s dedicated €5bn financing facility.
by Ben Poole
The offering of US$500m of senior notes is due in February 2027.
by Ben Poole
The bank has ruled out thermal coal and Arctic oil projects, commits to exit coal mining.
by Ben Poole
The EBA’s workplan on sustainable finance will focus first on key metrics and disclosure to support banks’ green strategies.
by Ben Poole
ING says the alliance underlines the importance of a stable transition to a low-carbon economy.
by Ben Poole
Ørsted secures first green New Taiwan dollar bond to be issued by a foreign corporate in Taiwan.
by Ben Poole
The bond, subscribed by AXA, has a 10-year maturity and will pay a coupon of 0.55%.
by Ben Poole
The bank will cease all financing related to the thermal coal sector in 2030 in the EU and worldwide by 2040.