Latest stories on Socially Responsible Investments

  • GlobalCapital Sustainable and Responsible Capital Markets Awards 2017: the Winners

    France, Tennet, NWB and Berlin Hyp are among the green and social bond issuers acclaimed in GlobalCapital's Sustainable and Responsible Capital Markets Awards 2017, which were announced on Tuesday in Amsterdam.

    • 06 Sep 2017
  • Hurricanes dent CMBS demand in busiest month of the year

    The CMBS market has softened this month as insurance companies pull back from the primary buying in anticipation of a heavy flow of hurricane related claims, leading to spreads widening as issuers bring a raft of new deals to the market.

    • 21 Sep 2017
  • Why Mexico’s cat bond won’t pay out yet

    The devastating earthquake that hit Mexico this week could well mean a pay-out from a World Bank catastrophe bond issued in early August that provided the country with insurance protection against such a disaster. But Mexico’s chosen structure for the bond means that any cash payment is unlikely to be made for at least 30 days, while more data is collected.

    • 21 Sep 2017
  • Barclays set to ‘crack open’ UK green bond market

    Energy efficiency data released by the UK government has allowed Barclays to launch a Green Bond Framework based on financing environmentally-friendly homes.

    • 21 Sep 2017
  • Green bond curves ripen as corporates build out

    Engie, the French energy utility, priced its second green bond transaction of 2017 on Tuesday. The triple trancher contained two green clips and took the issuer’s tally to six different green bonds. As issuers start to establish genuine green curves, they are starting to create their own sector, writes Nigel Owen.

    • 21 Sep 2017
  • The meaning of greening

    We would all like to believe green bonds are helping cut carbon, but if banks don’t change their lending policies, they only serve to make us feel good.

    • 21 Sep 2017
  • Jujuy bond performs as new Argentine province mulls debut

    A strong aftermarket performance by the latest debut international bond from an Argentine province should encourage more local governments to follow suit.

    • 21 Sep 2017
  • EIB tempts Aussies with green Kangaroo

    The European Investment Bank tapped its January 2028 Australian dollar Climate Awareness Bond on Wednesday. The bond’s green credentials attracted investors rarely seen that far along the credit curve, a promising sign of the market’s maturity.

    • 20 Sep 2017
  • Social bond potential ‘immense’, says investor

    The potential for social bond volume growth is “immense”, according to a leading figure from the SRI buy-side. The comments came as a pioneer of the social bond market brought the first ever Swedish krona trade in the format.

    • 20 Sep 2017
  • EIB looks for Kanga green buyers

    The European Investment Bank opened a tap to its January 2028 Australian dollar Climate Awareness Bond on Tuesday.

    • 19 Sep 2017
  • Engie extends extensive green curve with treble

    Engie, the French energy utility, priced its second green bond transaction of 2017 on Tuesday. The longest tranche of its three tranche offering extended the issuer’s green bond curve by nearly 10 years.

    • 19 Sep 2017
  • Greens bloom as SMFG mandates and DKB goes tight

    Activity in the FIG green bond market is picking up in September with close to 100 accounts putting in orders for Deutsche Kreditbank’s second euro offering on Tuesday and Sumitomo Mitsui Financial Group (SMFG) preparing to hit the road for holding company level green transaction.

    • 19 Sep 2017
  • Barclays goes green with bonds to finance energy efficient homes

    Barclays has launched a Green Bond Framework, paving the way for it to issue notes specifically used to finance environmentally-friendly homes.

    • 18 Sep 2017
  • Solar market gaining momentum, but trade case looms

    The market for rooftop solar finance is growing as the sector matures and more investors grow comfortable with the asset class, but a negative outcome for an International Trade Commission case has the potential to throw a wrench in the works according to speakers at ABS East in Miami on Monday.

    • 18 Sep 2017
  • Boston Common-ShareAction letter to bank CEOs

    Here is the full text of the letter sent by 100 investors to 62 bank CEOs in September 2017, calling on them to manage and disclose climate risk.

    • 15 Sep 2017
  • Get real on climate risk, investors tell banks

    A hundred investors managing $1.8tr of assets have signed a letter calling on banks to say more about how they are managing the risk of climate change, and to publish a strategy saying how they support the goals of the Paris Agreement.

    • 14 Sep 2017
  • Malaysia must marry green bonds and sukuk

    Malaysian companies have finally started taking steps towards sustainability, about three years after the country put together its SRI sukuk framework. The potential for growth is huge, and with the right encouragement and a conscious partnership between Islamic financing and sustainable goals, Malaysia can make itself a leading green market.

    • 14 Sep 2017
  • Saudi Arabia puts first of 60 renewable plants out to tender, loans expected

    Saudi Arabia is following its fellow Gulf states by developing renewable energy. Bids are expected this month to build a 300MW solar photovoltaic power plant in Sakaka.

    • 13 Sep 2017
  • Nordic SSAs prepare green impact guide

    A group of Nordic public sector issuers are preparing a “practical guide on impact reporting” in the green bond market. While the initial aim is to assist Nordic borrowers in the public and private spheres, the authors hope that it could prove useful for issuers from other countries too.

    • 12 Sep 2017
  • Cat bonds recover after prices plummet ahead of Irma

    The catastrophe bond market is retracing losses this week following a steep plunge in the price of the insurance linked securities in the run up to Hurricane Irma.

    • 12 Sep 2017

SRI special reports

September 2016

China Green Finance Roundtable
  • China shows leadership in global green finance push

    Green finance in China, particularly the domestic green bond market, has taken off this year, in part to the strong policy support from the Chinese government. At a roundtable in early September, GlobalCapital and some of the market’s leading figures discussed the recent developments in China, including incentive schemes and whether the government’s top-down approach to green financing can be replicated by the rest of the world.

SRI 2015 report

Sustainable and Responsible Capital Markets special report

SRI 2014 report

SRI special report

Global Green Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 5,198.82 34 6.65%
2 Credit Agricole CIB 4,952.37 32 6.33%
3 Citi 4,350.51 20 5.56%
4 JPMorgan 4,286.96 29 5.48%
5 BNP Paribas 3,822.73 24 4.89%