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.
Greenwashing and climate disputes
In the last few years we have seen an exponential rise in climate litigation claims, and many of these are as a result of greenwashing. This is a trend we're seeing across almost every industry, inclu...
Reporting and disclosures
Businesses across all sectors are under increasing pressure to make corporate disclosures regarding the impact of their operations on climate change, sustainability and human rights. Regulators global...
ESG Loans Insights Report
The market for green loans, sustainability-linked loans (SLLs) and social loans (collectively, ESG Loans) is growing rapidly. However, it is moving so quickly that it can be hard to get a grip on market trends. We have developed an online platform which helps provide a more complete, and data-driven, picture of the market.
ESG and green finance webinar series
Products and standards
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.
In September 2019, ENEL launched the world’s first sustainability-linked bond (“SLB”) (see ENEL Case study below).
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...
Comparing sustainable debt products and standards
Sustainable lending is growing in the general and corporate markets.
Sustainability Linked Loans: A Framework for Review
With growing international concern around limiting corporations’ environmental footprints, companies are increasingly including enforceable contractual arrangements in their business contracts, which incentivise the achievement of ambitious environmental sustainability objectives. In the context of corporate debt funding, these have become known as sustainability linked loans (SLLs).