By Tiffanie Wong CFA, Salima Lamdouar, and Patrick O'Connell CFA
Blog
More securities labeled as environmental, social and governance (ESG) bonds are being issued by a wider variety of companies than ever before. This is a welcome development, because such financing will play a critical role in the global transition to a greener world. But not all ESG-labeled bonds are equal. To fund a genuinely green future, investors will need to separate the grain from the chaff.
By Benjamin J. Bailey, Praxis Mutual Funds & Everence Financial
With the recent announcement that the European Union will begin issuing green bonds starting in October of 2021 and predictions that have annual green bond issuance hitting $1 trillion by 2023, many have been left wondering: “What exactly is a green bond?”
How they could help finance the transition of carbon-heavy companies, but only if the issuers are serious about climate.
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by Kari Huus of US Green Bonds Review from Climate & Capital Media
The green bond market is on fire, channeling record funds into climate-friendly projects around the globe — and at a relatively low cost to issuers. Green bonds offer a promising synergy between investors with trillions of dollars chasing ESG products and the need for climate finance, especially in developing countries where access to affordable debt is essential to install those solar arrays, wind turbines and other infrastructure to underpin a new green economy.
NEW YORK, Sept. 13, 2021, /3BL Media/ – Recently, Verizon issued its Green Bond Impact Report, outlining the full allocation of the nearly $1 billion of net proceeds from its second green bond.
Verizon became the first U.S. telecom company to issue a green bond back in February 2019. In September 2020, the company issued its second green bond, and remains the only U.S. telecommunications company to complete the full allocation of two green bonds.
ESG and sustainable investing have taken center stage in asset management. Climate and now oceans are leaders in this elevation with a proliferation of products, firms, and frameworks increasingly on investors’ radar screens. This is good news: the oceans are becoming broadly investable, with market-based opportunities across all sectors of the Blue Economy. These cover the entire asset allocation pie chart – equites, fixed income, private equity and venture capital.
by John Howell of Climate & Capital Media and Climate Finance Weekly
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“Why climate finance,” you might ask? In 25 years of reporting on sustainable business, I have become fascinated by the pivotal relationship between capital and innovative solutions to climate-related issues.
Marie Dzanis, head of Europe, Middle East and Africa for Northern Trust Asset Management, said 2019 was the year that environmental, social and governance strategies came to the fore, but the industry is now entering the decade of ESG.
