Listen on your favorite player:
- Nicholas Gandolfo, Director, Corporate Solutions
- Marika Stocker, Senior Manager, Corporate Solutions
In this episode, Nick and Marika highlight recent developments in the sustainable finance market. They note that the market is coming off a banner year — over US$1 trillion in volumes overall in 2021 —and shed light on the deals and transactions contributing to market growth. They also answer audience questions, sharing Sustainalytics’ take on where nuclear energy and mining could fit in sustainable finance. Be sure to submit your questions to [email protected].
Could Geopolitical Conflict Spur Adoption of Renewables?
Discussion around the adoption of renewable energy is growing given the impact of Russia’s war in Ukraine and other global conflicts on oil and gas exports and imports. These geopolitical conflicts have exposed the risks of overreliance on producers and certain types of energy. One possible reaction to the disrupted and restricted energy supply from Russia is an acceleration of renewables deployment across Europe. This would hopefully spur broader adoption within the region and beyond.
Just Adaptation: Helping Nations Build Resilience to Climate Change
As governments consider what it takes to transition to a low-carbon economy, the concept of just adaptation is also being discussed. Stakeholders are looking beyond a just transition and examining the inequity between developed and developing countries in their abilities to adapt to climate change. Developing nations are more likely to be affected and have fewer resources to adequately prepare their populations and natural environments despite contributing less to the drivers of climate change compared to developed nations. Nick notes that there is potential to use sustainable finance to balance this inequity. Hopefully, we will see an evolution in sustainable finance issuances from sovereigns and corporates, with use of proceeds and KPIs that tap into some of these issues.
Real ESG Accountability: Tying Your Company’s ESG Performance to Leadership Compensation
Stakeholders are increasing pressure on companies to tie executive compensation to ESG performance for enhanced accountability and transparency. Download our latest ebook to discover how ESG incentive plans can align executive action with strategic priorities.
|0:01:22||CBI report 2021 review|
|0:02:21||EF Article — GB market growth 100-fold in 10 years|
|0:03:35||IFC — Guide to issuing green bonds|
|0:03:40||Ukraine conflict and social bonds|
|0:04:41||Fintech and climate tech|
|0:05:11||Just transition and just adaptation|
|0:06:41||EU Green Bond Standards|
|0:07:36||ESG and derivatives|
|0:07:59||From CBI — webinar on China and new criteria for chemicals sector|
|0:26:09||Green bonds overview|
|0:30:47||Green loans overview|
|0:32:02||Social bonds and loans overview|
|0:33:42||Labeled products overview|
|0:34:27||Transition bonds overview|
|0:35:37||Regulatory and country updates|
Links to Select Resources
- Climate Bonds Initiative – Sustainable Debt Global State of the Market 2021
- Environmental Finance – “Dramatic” 100-Fold Green Finance Growth Over Last Decade
- Environmental Finance – IFC publishes step-by-step green bond issuance guide
- GreenBiz – Will Russia’s War Spur Europe to Move on Green Energy?
- Fintech Futures – ESG and Fintechs: How Firms are Benefiting from an ESG Focus
- Environmental Finance – EU GBS 'may be a step backward' for green bond impact reporting
- IFR – Financial Markets Wrestle with Scope 3 Requirements
- Deloitte – Sustainable Finance Magazine (page 10)
- ISDA – Pre-AGM Symposium: ESG and the Role on Derivatives
- Climate Bonds Initiative – Green Bond China Investor Survey 2022
- Climate Bonds Initiative – Basic Chemicals Criteria
- Sustainalytics SPOs:
- Pernod Ricard Sustainability-Linked Framework Second-Party Opinion
- JAB Holdings Sustainability-Linked Bond Framework
- EU SURE Social Bond Framework Second-Party Opinion
- OP Mortgage Bank Annual Review (2022)
- Green Financing Framework for Jabil Second-Party Opinion
- Equinix Green Finance Framework Second-Party Opinion
ESG In Conversation | How Are Sustainability Professionals Really Putting ESG into Practice?
In this episode of ESG in Conversation, we discuss the results of the Morningstar Sustainalytics Corporate ESG Survey and explore how the responsibilities of sustainability professionals are changing to address their companies' material ESG issues.
What’s Happening in Sustainable Finance: Innovative Finance Instruments Breaking Ground, Use of Proceed Bonds Back in Vogue, and More
Could innovation help the sustainable finance market rebound in 2023? Will scrutiny of linked instruments continue to push investors back to use of proceed transactions? We tackle these topics and more in our latest episode.
What’s Happening in Sustainable Finance: On the Horizon for 2023, Reporting on Financed Emissions for Sovereign Debt, and More
Despite ending 2022 on a low note, there is optimism for the global sustainable finance market in 2023 as sustainability is still a key issue for investors, issuers and governments and remains closely tied to capital markets.
What’s Happening in Sustainable Finance: Climate on the International Agenda, New Instruments to Support Emerging Markets, and More
Climate change and adaptation are high on the international agenda. Listen to learn how the outcomes from COP27 and COP15 could influence sustainable finance markets and get a rundown of recent notable market transactions.