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.

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.

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Operation Private Markets: A Bridge CO2 Far

16/12/2021

A report detailing Aramco's lease-lease-back transactions of oil and gas pipeline networks.

A financial analyst’s Bloomberg keyboard layout.

Coal funding premia: Port of Newcastle USD deal

19/11/2021

Port of Newcastle's inaugural bond has significantly higher yields.

A financial analyst’s Bloomberg keyboard layout.

SUEK calls force majeure: bank and bond investor implications?

14/10/2021

SUEK calls a force majeure after recent bond issuance.

Factories emitting pollution.

Net green/fossil bond syndication league tables

23/09/2021

A technical note to calculate normalised bond syndication fee revenue league tables.