Urgent technology refresh needed to ensure sustainable future
Wednesday 22 December 2021 Vol.12 Ed.51.3
Commentary: Data is power in the world of green bonds
By David Creer in Vaduz
Harnessing the power of data to drive positive change across the global financial services industry is today’s top priority. To achieve this, all parties must have fast, easy access to a single source of reliable, auditable information to create a more equitable, energy-efficient business environment. Using a...
A.P. Moller – Maersk has issued its first green bond to help fund its green methanol newbuilds. The 10-year, EUR 500 million (USD $678 million) green bond comes under the…
https://gcaptain.com/maersk-issues-first-green-bond-to-help-fund-methanol-powered-newbuilds/
Green bonds are funds that are raised with the specific goal of improving a company’s environmental sustainability. They often support the adoption of assets or practices that lead to lower greenhouse gas emissions.
One of the largest barriers to adopting emissions-reduction technologies in the transportation sector is the high initial costs. Many sustainable solutions, such as electric vehicles, have higher upfront costs but lower total costs of ownership than conventional solutions. But the...
https://www.freightwaves.com/news/how-can-green-bonds-help-companies-overcome-costs-to-go-green
Green bonds playing increasingly important role in post-Covid-19 world
Friday 15 October 2021 Vol.12 Ed.41.5
Commentary: Bonds pack a bigger green punch than equities
By Jon Macaskill in New York
The huge demand for a £10bn inaugural green gilt issue from the UK underscores that bonds are better positioned to accelerate change in sustainable finance than equities. While investors are showing enormous appetite for ESG debt, they face some issues in comparing different assets because of ongoing...
Financing Europe’s green recovery from Covid-19
Wednesday 18 August 2021 – Vol.12 Ed.33.2
Commentary: New giant enters green bond market
By Frank Scheidig in Frankfurt
Although the European Commission has long been able to issue bonds, it has been a rather rare guest on the capital market. Now, it has entered the green bond market in the hope of funding a sustainable recovery from Covid-19. The recovery agenda must be seen as an opportunity to build a more sustainable future rather than simply a...
https://allaboutshipping.co.uk/2021/08/18/financing-europes-green-recovery-from-covid-19/
Chief sustainability officers (CSOs) are popping up in corporate boardrooms worldwide as the importance of sustainability grows clearer to consumers, investors and businesses.
CSOs can be in charge of many aspects of sustainability, including risk management, safety, emission-reduction strategies, environmental impacts, community support, worker welfare, financial sustainability and more.
Sometimes, they’re also involved in marketing and communicating a company’s sustainability progress to the...
https://www.freightwaves.com/news/csos-get-a-seat-at-the-c-suite-table
As companies struggle to find the capital needed to pursue and achieve their environmental targets, Norfolk Southern Corp. (NYSE: NSC) on Wednesday closed a $500 million green bond offering. Norfolk Southern called itself “the first Class I railroad in North America to issue green bonds” in the announcement.
The point of green bonds is to raise capital for projects and transitions that make companies operate more sustainably or reduce emissions. Investors, in turn, can have confidence that...
https://s29755.pcdn.co/news/norfolk-southern-closes-500-million-green-bond-offering
The proceeds will be used to partially fund four E-Shuttle newbuilds currently under construction.
NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at workshop about bond sponsored by Corporate Finance and Treasury Association of JAPAN (CFTAJ) in Tokyo on November 12. A green bond is one in which the proceeds are used solely for the purpose of funding environment-friendly projects.
At the workshop, Yuichi Shirane, deputy manager of NYK’s Corporate Finance Team in the Finance Group, made a presentation about the background,...
http://container-news.com/nyk-presents-green-bonds-initiatives/