Research

JERA: An enhanced SLB proposal for ambitious transition

29/02/2024

"Transition-linked bond" lacks materiality of an enhanced SLB

Factories emitting pollution.

Adani's "Green" new issue

28/02/2024

Adani’s back in the market with a new ‘green’ bond.

Here we go Orlen: SLBs step back down

28/02/2024

PKN Orlen’s upgraded ESG rating reverses an earlier SLB coupon step-up.

The Forensic Carbon Accountant: Snam SpA SLB

26/02/2024

Snam’s recent SLB includes targets for Scope 3 emission reductions. We analyse the completeness of its commitments.

PPC: Coal decommissioning success impacts SLBs

19/02/2024

PPC’s Jan 2024 capital market day revealed strong coal decommissioning, with implications for SLB investors.

日本のサステナビリティ・リンク・ボンドのプロポーザル (Japan SLB: Japanese version)

15/02/2024

We show how Japan’s Climate Transition Bond could be complemented with an SLB, to boost its green credentials

ConocoPhillips' Q4 2023 oil sands production breaches investment exclusion thresholds

13/02/2024

ConocoPhillips’ Q4 2023 results show production from Oil Sands of 6.6%, potentially breaching investor exclusion thresholds.

Transition power, a JGB SLB, prints in USD

07/02/2024

We show how Japan’s Climate Transition Bond could be complemented with an SLB, to boost its green credentials

Factories emitting pollution.

Adani’s SLB: Likely to meet its weak targets

06/02/2024

The electricity provider AEML's SLB should be considered in the context of the wider Adani Group strategy on coal.

A financial analyst’s Bloomberg keyboard layout.

STT GDC issues a Sustainability-Linked Perpetual

23/01/2024

STT GDC’s sustainability-linked perpetual issuance shows its commitment to sustainable financing

ECB 2023 climate review of corporate bond portfolios

22/01/2024

We assess whether the ECB has moved to improve the climate impact of its corporate bond portfolio, and the potential impact for investors

日本製鉄グリーンボンド:最小限の戦略 (Nippon Steel: Japanese version)

19/01/2024

Transitioning the steel sector is crucial for the climate. We review the impact of Nippon Steel's green bonds.