31-minute readExecutive SummaryESG and sustainable finance markets are soaring and so are greenwashing suspicions and legal risks. The SEC and BaFin’s probes against DWS for overstating its ESG in...
31-minute readExecutive SummaryESG and sustainable finance markets are soaring and so are greenwashing suspicions and legal risks. The SEC and BaFin’s probes against DWS for overstating its ESG in...
1-minute read
The first ever Green Cat Bond
Generali successfully priced last June 25, 2021 a € 200m Catastrophe Bond (“Lion III Re DAC Notes”)[1]. This is the first ever Green Cat Bond sponsor...
7-minute read
In July 2021, the Global Sustainable Investment Alliance[1] (GSIA) published its fifth Global Sustainable Investment Review (GSIR) biennial report[2]. GSIA was founded back in 2010...
21-minute read
On 14 July, the European Commission adopted a set of 13 proposals, the so-called “Fit for 55 package”, to make the EU's climate, energy, transport and taxation policies commensura...
2-minute read
Following November’s 2020 release of Repsol’s 2021-2025 Strategic Plan, on June 14, the company has presented its innovative, comprehensive, and overarching “Transition Financing F...
8-minute read
After a decade of preparation and repeatedly delayed launch, China’s national Emissions Trading Scheme (ETS) officially made its debut on July 16, 2021. The national ETS market clo...
8-minute read
The European Central Bank (ECB) has been under increased pressure from civil society and politicians to take action on climate change[1]. Sign of the acceleration that we are witn...
9-minute read
On July 12, the Platform on Sustainable Finance published two draft reports about a social taxonomy proposal and an extension of the current green taxonomy to significantly harmful...
In July, a multitude of legislative proposals and strategies related to sustainable finance have been announced by the European Commission and the European Central Bank...
7-minute read
On May 7, 2021, the EU Commission published a call for public feedback on the contemplated content, methodology and presentation of the information that companies will have to dis...
6-minutes read
Last week was marked by the publication by the International Energy Agency (IEA) of its net zero emissions (NZE) scenario for 2050, with some of the findings, such as the fact it ...
30-minute read
On May 26th, the District Court of The Hague in the Netherlands ruled that Royal Dutch Shell (“RDS”) must curtail its scope 1 to 3 global carbon emissions by net 45% by 2030 compa...
3-minutes read
The Autorité de Contrôle Prudentiel et de Régulation (ACPR), the French banking and insurance supervisory body, released early May the results of its first pilot climate stress te...
20-minute read
The 53-page Draft Report on “Social Taxonomy” from the Sustainable Finance Platform Subgroup recently leaked. To our great surprise, it offers an already sophisticated approach a...
4-minute read
On April 22 and 23, a virtual Leaders Summit on Climate gathering 40 world leaders took place at the initiative of the US President. On this occasion, some of them announced new cl...
11-minute read
Momentum is building regarding the topic of the “Just Transition.” Regulators, investors and issuers alike seem to take into account the negative social consequences the transitio...
4-minute read
The year 2020 has witnessed a new record in terms of green funds growth as documented by two recently released reports by Environmental Finance and Novethic. The peak is of course ...
4-minute read
Verbund, an Austrian leading electricity company (Baa1/BBB+), has issued in March 2021 the first Bond combining both Green Use-of-Proceeds (Green Bond) and Sustainability Key Perfo...