Bond spotlight

Bottom-up situational analyses of individual securities and issuers to support investors in these bonds and provide case studies for the sustainable development of the fixed income market.

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.

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.

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

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.

Nippon Steel green bonds: A bare minimum strategy

09/01/2024

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

McDonald’s deforestation footprint: We’re not lovin’ it

03/01/2024

McDonald's is a major contributor to tropical deforestation, and investors should closely monitor its impact.

Enel SLBs: market update

08/11/2023

A market update on Enel's SLBs performance, following our October analysis