Sustainability-Linked Bonds

Sustainability-Linked Bonds (SLB) are financial instruments with powerful potential to support the climate transition of corporates and governments. Our academic and market-based research provides investors with models and tools to construct and invest in SLBs with ambitious targets.

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 proposal)

15/02/2024

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

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

Enel SLBs: Q3 results off-track for 2023 target

23/11/2023

Enel's Q3 results show that its 2023 emissions intensity target will be challenging to achieve

Novartis SLB: twin bond divergence

22/11/2023

We review pharmaceutical giant Novartis' Sustainability-Linked Bond

A row of wind turbines at dawn.

SLBs: a summary of 2023 targets

15/11/2023

Ten SLB issuers, and twenty bonds, will observe their KPIs in 2023

Enel SLBs: market update

08/11/2023

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

Contingent Resilience-Linked (CORL) bonds: combining public and private capital for resilience

31/10/2023

We propose a new bond structure to increase private investment in sustainable development

Enel SLBs: update on 2023 observation date

20/10/2023

Will Enel SLBs meet their Sustainability Performance Targets?

Pilgrim's Pride: tender-ising the meat bond market

06/10/2023

Pilgrim’s Pride’s issuance aims to assuage future financing concerns associated with deforestation

Nordea SLLB: driving for a sustainability-linked future

02/10/2023

We discuss Nordea's innovative Sustainability-Linked Loan structure