Fossil lending

Investigations, analyses and rankings on debt lending that facilitates fossil fuel expansion, undermines climate goals and contradicts institutional ESG policies, helping counterparties to engage on climate issues and advocate for change.

All Bond spotlight Sustainability-Linked Bonds Climate risk pricing Fossil lending Nature loss Transparency Sovereigns and central banks Portfolio analysis Quantitative research
Factories emitting pollution.

The Box: syndication fee league tables Q3 25

16/09/2025

September 2025 update of The Box: syndication fee league tables

Eni: a review of its SLBs

24/06/2025

Italian oil major likely to meet SPTs using carbon credits

Factories emitting pollution.

The Box: syndication fee league tables Q2 25

16/06/2025

June 2025 update of The Box: syndication fee league tables

Fossil bond holdings in sustainable funds

19/05/2025

Sustainable funds with high exposure to oil major bonds underperform

Czech Point: ČEZ SLB observation date approaches

12/05/2025

50:50 probability that utility achieves its emissions intensity target

Factories emitting pollution.

The Box: syndication fee league tables Q1 25

11/03/2025

March 2025 update of The Box: green/fossil fee league tables

Factories emitting pollution.

ConocoPhillips: time to COP the consequences

05/03/2025

Oil sands revenues have likely exceeded exclusion thresholds

Factories emitting pollution.

Japan Gas Utilities – LNG exposure creates risks for bondholders

27/02/2025

Japanese gas utilities’ over-exposure to LNG may impact bondholders

Factories emitting pollution.

日本のガス公益事業 – LNG エクスポージャーは債券保 有者にリスクをもたらす

27/02/2025

Japanese gas utilities’ over-exposure to LNG may impact bondholders

Factories emitting pollution.

Total eclipse of the 2050 net zero deadline

13/01/2025

Total long bond investments may not be consistent with net zero

Factories emitting pollution.

The Box: syndication fee league tables Q4 24

10/12/2024

December 2024 update of The Box: syndication fee league tables

The Reformed SSA Trader: High ratings, high risks

22/10/2024

AAA/AA issuers slipping on climate: implications for bond investors 

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