Tag: climate risk

S&P Global Ratings’ Michael Wilkins interviewed by Bizz Energy on environment and climate risk in credit ratings

“Are companies worrying about climate change?” Bizz Energy asks Michael Wilkins, Head of Sustainable Finance at S&P Global Ratings. While acknowledging that it is difficult to draw concrete conclusions at this stage, Michael spoke of a recent trend in global corporate ratings that could indicate that corporates are beginning to manage some forms of E&C …

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S&P Global Ratings’ Peter Kernan and Michael Wilkins consider the effects of climate change on corporate credit ratings

As the damages resulting from global weather trends compound year by year, international credit markets have begun to take climate change more seriously, write Michael Wilkins, Head of Sustainable Finance, and Peter Kernan, Managing Director, S&P Global Ratings. The article describes how environmental and climate (E&C) risks—as well as opportunities—may affect an entity’s capacity and …

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In EnviroLine, S&P Global Ratings’ Nicole Martin talks Climate disclosure, credit ratings and Canada  

Writing for EnviroLine, Nicole Martin, Senior Director at S&P Global Ratings, argues that widespread, comprehensive, systematic disclosure can serve to support more consistent and transparent analysis of climate-related risks. In turn, this allows all stakeholders to better understand both the long- and short-term consequences of climate change for the financial markets. Read the full article …

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Writing for the Climate Disclosure Standards Board (CDSB) Blog, S&P Global Ratings’ Michael Wilkins considers the link between green finance and climate reporting

Ambitious climate objectives have created the impetus for some US$90 trillion to be targeted for global sustainable development investment before 2030. Yet a critical question remains: “Where will the money come from?” Michael Wilkins argues that increased visibility of environmental risk should enable higher levels of capital for sustainable infrastructure. And that – given the …

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S&P Global Ratings’ Jessica Williams discusses the incorporation of environmental and climate risk and opportunities into credit ratings for GLIO journal

With acute weather events making the news more frequently, the impact of climate change is high on the international agenda. As such, lenders and institutional investors are naturally keen to understand how both environmental and climate (E&C) risks and opportunities affect credit ratings. Jessica Williams, Analyst, Sustainable Finance, S&P Global Ratings explains how E&C risks …

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Commerzbank’s Ruediger Senft cited on sustainable trade finance in Global Trade Review

Global Trade Review has cited the head of corporate responsibility at Commerzbank, Ruediger Senft, on the impact of climate risk on global commerce. Senft explains that while trading companies and commodity producers face “real and urgent challenges”, they can “look to their banks for expertise on how to build resilient, future-proof supply chains”. He argues that “instead …

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S&P Global Ratings’ Michael Wilkins discusses the effects of enhanced disclosure of climate risks and opportunities for Investment Europe 

As evidenced by natural catastrophes – such as earthquakes, storms and floods – environmental and climate risk is non-diversifiable and systemic. With this in mind, the integration of environmental and climate (E&C) concerns into corporate credit ratings is of rising importance to investors, lenders and insurers. But market participants still require comparable and consistent climate-related …

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In The Financial, S&P Global Ratings’ Jessica Williams explains the impact of climate risk on credit ratings

In a recent report on the incorporation of environmental and climate (E&C) factors into global corporate credit ratings, S&P Global Ratings has noted two new trends: the growing numbers of positive rating actions in relation to E&C influences, and the increasing references to E&C factors in our analyses. Writing for The Financial, Jessica Williams, the …

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S&P talks to Handelsbanken about the connection between credit and ESG risk

Talking to Handelsbanken, Marcus Nystedt, Director, explains how he is increasingly aware of the growing attention to, and materiality of, environmental and climate risk for the creditworthiness of corporates and financial services. Moreover, having released a new Green Evaluation tool in the spring of 2017, Nystedt discusses its aggregate scoring mechanism and S&P’s increasing presence …

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