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Germany Hires Deutsche Bank, DZ Bank for Update of Green Bond Framework

ESG Today

Deutsche Bank and DZ Bank announced that they have been mandated by the Federal Republic of Germany as joint ESG coordinators for the planned update of the government’s Green Bond Framework. The government has been one of the most active sovereign green bond issuers since its initial €6.5

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The potential of green bonds in emerging markets

Renewable Energy World

Clearly the green finance revolution has taken the world by storm, with investment in low-carbon energy remaining robust throughout the pandemic. So whilst the green finance revolution is well and truly underway, it risks leaving out emerging markets, including some of the world’s most vulnerable nations to climate change.

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Meet six Global 100 companies transforming the way business is done

Corporate Knights

Most racially diverse executives: HP In 2020, under the leadership of its new CEO, Enrique Lores, HP announced a goal of doubling the number of its executives who are Black and African American by 2025. Intesa Sanpaolo also ranked first in total sustainable revenue in Corporate Knights’ 2022 Sustainable Banking report, with US$3.68

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Introducing … GreenFin 21

GreenBiz

Mon, 11/30/2020 - 02:11. The world of environmental, social and governance (ESG) reporting and investing has ramped up significantly over the past couple years, even more so during 2020, when social risks and reporting became front and center for many companies and investors. Introducing … GreenFin 21. Joel Makower. Tower of Babel.

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Fifth Third Publishes Second Task Force on Climate-related Financial Disclosures Report

3BL Media

It also makes Fifth Third the only bank in its peer group to have maintained a leadership band score for three consecutive years. The Bank has been recognized as a leader by other ESG data providers, including Sustainalytics, MSCI and S&P Global. About TCFD.

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Green Bonds Down the Drain

Chris Hall

Out of its class A secured debt of £15 billion, about £3 billion is labelled green, potentially making the company a green bond default case. Green bonds are structurally no different to conventional bonds under the same class (with the same ranking, covenants and security package among all creditors in the case of distress).

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Deutsche Bank Issues Inaugural €500 Million Social Bond

ESG Today

Deutsche Bank announced today that it has raised €500 million through its first-ever social bond offering, with proceeds aimed at supporting the bank’s sustainable asset pool which provides financing for areas including affordable housing, and access to essential services for elderly or vulnerable people.

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