Tag: environmental 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’ considers the financial risks of climate change for Sustainable City Network

In a joint contribution article, Kurt Forsgren, Ted Chapman and Lisa Schrooer of S&P Global Ratings consider the U.S. municipal market’s credit exposure to weather-related and natural catastrophes – and how this is increasingly being considered through the lens of climate change. They argue that, while the effect of climate change on municipal issuer ratings …

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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’ sustainable finance team is bolstered with new appointment

In January, S&P Global Ratings expanded its Sustainable Finance team with a new appointment. Corinne Bendersky transfers to London from San Francisco, where she spent the last two and half years as an Associate in the Infrastructure & Renewables Team, specialising in credit ratings for renewable energy and public private partnership projects. In her new …

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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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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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On the ICC’s blog, S&P offers its perspective on green finance and COP23

With environmental disasters becoming an increasing risk, businesses and policymakers around the world are sitting up and taking note of the effects of climate change on trade. Spurred by the 2015 Paris Agreement, carbon-reductive practices in energy and infrastructure – and the necessary financing – are rising, with green bond issuance nearly doubling in 2016 …

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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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Energy markets in the spotlight: S&P Global Ratings releases the latest edition of IFR Outlook

The latest edition of IFR Outlook – S&P’s monthly newsletter summarising key infrastructure and project finance-related research and rating news – suggests energy markets around the world are under tough scrutiny. In the front page feature, Pierre Georges, director of EMEA utilities, explains that in an environment of weak power prices, Europe’s nuclear fleets face …

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