Transparency

Investors rely on transparent and clear reporting to assess the sustainability of fixed income portfolios and products. Our investigations and analyses of reporting and transparency issues and methods help investors to assess climate impact and identify misreporting.

Factories emitting pollution.

Adani Green/Ports and Carmichael funding exposures

14/02/2023

Adani Group posts stocks in Adani Green and Adani Ports as collateral for a credit line for Carmichael.

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GREENSAIF: a not-so-green, double-edged sword

06/02/2023

BlackRock Real Assets looks to the bond market to refinance their investment in Aramco.

Factories emitting pollution.

Notable fixed income fossil funding deals 2022

22/12/2022

Notable funding deals furthering absolute fossil-GHG emissions.

A magnifying glass zooming in on some statistics.

Sembcorp: Carbon footprint arbitrage of a lifetime

06/11/2022

In this report, we discuss Sembcorp's sale of thermal coal power in India.

A financial analyst’s Bloomberg keyboard layout.

No green ePIFany

29/09/2022

In this report, we consider whether PIF's new bond deal is really 'green.'

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Anthropocene Fixed Income Market Themes 2022

30/12/2021

A list of themes that we find interesting for climate practitioners going into the new 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.

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Arbitraging before the ink has dried

08/11/2021

World's largest asset manager notes the biggest arbitrage of a lifetime.

EQT and Adani Enterprises: Some ESG questions

24/02/2021

Private equity house EQT enters into JV with Adani Enterprises to build data centres.

A financial analyst’s Bloomberg keyboard layout.

Coal, coup, CDP and credit: Adani Ports update

09/02/2021

In this report, we review the factors to be taken into account for Adani Ports bond investors.

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Wall St Bets, Keynes, BaFin, Fink and climate change shorts

31/01/2021

In this report, we discuss the societal value of short sellers.

Factories emitting pollution.

Top coal, top ESG?

29/07/2020

Investments in Adani refinancing are not aligned with a coal exclusion policy.