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.

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

The arbitrage of a pipeline

03/04/2023

We explore the trend in hydrocarbon funding for public bond investors to provide leverage through bonds.

Factories emitting pollution.

The Box Mar 23 (Credit Suisse/UBS update)

22/03/2023

Here, we publish an update on The Box given developments regarding Credit Suisse and UBS.

Oil & Gas: climate performance and the cost of capital

06/03/2023

Climate performance seems to be a partial driver for funding spreads.

A row of wind turbines at dawn.

SLB triggers: what next if Nobian or PPC miss their targets

28/02/2023

In this report, we consider the possible implications of a “thematic default” by Nobian or PPC.

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.

A financial analyst’s Bloomberg keyboard layout.

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.'

A magnifying glass zooming in on some statistics.

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.

A magnifying glass zooming in on some statistics.

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.

A magnifying glass zooming in on some statistics.

Arbitraging before the ink has dried

08/11/2021

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

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