Sustainable finance is gaining momentum, driven by international initiatives to tackle climate change and promote sustainable development on one hand, and the recognition of the critical role which sustainability plays in a resilient global financial system on the other.
Increasingly, financial institutions will need to assess, monitor and disclose the sustainability of their investments. Regulatory intervention is increasing in some markets, while voluntary initiatives are being adopted in others. This also presents an opportunity, within the appropriate frameworks, for the development of new products and services, driving value and furthering climate-related and environmental, social and governance (ESG) objectives.
ESG and green finance webinar series
Products and standards
In September 2019, ENEL launched the world’s first sustainability-linked bond (“SLB”) (see ENEL Case study below).
Green and sustainable financing products for airlines
Airlines have long been conscious of the imperative for carbon reduction, with improvements in the fuel efficiency of their fleets helping to mitigate their exposure to often volatile fuel prices.
Comparing sustainable debt products and standards
Sustainable lending is growing in the general and corporate markets.
This article was originally published on LexisPSL Banking & Finance in June 2018. Green bonds are a natural source of financing for issuers who have a financing or refinancing requirement for a g...