Fossil lending

Investigations, analyses and rankings on debt lending that facilitates fossil fuel expansion, undermines climate goals and contradicts institutional ESG policies, helping counterparties to engage on climate issues and advocate for change.

Factories emitting pollution.

Notable fixed income fossil funding deals 2022

22/12/2022

Notable funding deals furthering absolute fossil-GHG emissions.

Factories emitting pollution.

Net green/fossil bond syndication league table - Dec 2022

08/12/2022

We report the Dec 2022 net green/fossil bond syndication league table.

Factories emitting pollution.

Net green/fossil bond syndication league table - Sep 2022

10/09/2022

We update our list of bank counterparty performance in terms of net green vs fossil bonds.

A financial analyst’s Bloomberg keyboard layout.

MHI: The wrong kind of transition

06/09/2022

In this report, we explore how ammonia co-firing features in Japan's transition plans.

A financial analyst’s Bloomberg keyboard layout.

Bond investors and new Queensland thermal coal mines

29/08/2022

We review the status of Queensland Treasury Corporation's grey and green-labelled bonds.

Factories emitting pollution.

Net green/fossil bond syndication league table - June 2022

23/06/2022

An update on net green/fossil DCM fee generation from key banks.

A financial analyst’s Bloomberg keyboard layout.

Woodside/CSIRO and Australia climate FI comments

23/03/2022

We review an investor coalition critique of Woodside Petroleum.

Factories emitting pollution.

Abbott Point bonds go 10/90: Coal refi bellwether?

17/02/2022

Distressed trading of Abbott Point's bonds shows difficulty of coal refinancing.

Financial candles on a screen.

New EIG/Aramco bonds in ESG indices: EOM flow risks

15/02/2022

EIGPRL is effectively Aramco exposure following the bonds inclusion on the ESG CEMBI index.

A financial analyst’s Bloomberg keyboard layout.

Oil, gas and bond pipelines: the case of Aramco/EIG/BLK

05/02/2022

We see a potential bond pipeline forming following the large Aramco pipeline network transactions.

Factories emitting pollution.

Net green/fossil bond syndication league table 2021

10/01/2022

Rankings are provided for major banks in terms of their net green vs fossil bond syndication fee revenue.

Factories emitting pollution.

Notable fixed income fossil funding deals 2021

21/12/2021

We provide a list of notable fixed income fossil funding deals of the year.