By Aidan Gregory, Sam Kerr
17 Dec 2020
Having lagged behind bonds in embracing the green agenda, the primary equity capital market came into its own in 2020. With investors more engaged in sustainability and fighting climate change, there are hopes that 2021 will be even greener. Sam Kerr and Aidan Gregory report.
Every explanation of what environmental, social and governance investing is starts by stating that it began in equity markets and has spread to bonds and other asset classes. Paradoxically, however, when it comes to new capital raising, the bond market has led the way.
While debt capital markets have been obsessed with green bonds and more recent offshoots like sustainability-linked notes for at least seven years, the equity capital market has largely ignored the subject.
News Category Global Banking & Finance Reviews
Michelin Wins Sustainability Award for Natural Rubber Sustainable Supply Chain from the European Chamber of Commerce in Singapore
Michelin Wins Sustainability Award for Natural Rubber Sustainable Supply Chain from the European Chamber of Commerce in Singapore
SINGAPORE – Media OutReach – 17 December 2020 – Michelin has won the ‘Smart Mobility’ award from the European Chamber of Commerce in Singapore (EuroCham) at its inaugural EuroCham Sustainability Awards 2020, held virtually on November 17, 2020. The award recognized Michelin’s continued efforts to ensure that its raw materials, in particular natural rubber, are sustainably and ethically sourced.
The Awards Seminar was graced by Mrs Ursula von der Leyen, President of the European Commission and Ms Grace Fu, Singapore’s Minister for Sustainability and the Environment. The Sustainability Awards 2020 marked the importance of sustainability for both the EU Commission
Green Boom’s Hottest 2021 Trade May Turn Out to Be Utilities
Bloomberg 12/17/2020 Sam Unsted
(Bloomberg) After a bumper year for Europe’s renewable-energy stocks, underappreciated utilities shares are now gaining support from the market as 2021’s hot sector to play the clean power transition.
Helped by government policies such as the European Union’s Green Deal and investors’ environmental, social and governance concerns, renewable assets have strongly outperformed traditional utilities peers this year in the Stoxx Europe 600 Index. Turbine maker Vestas Wind Systems A/S has almost doubled in value, while U.K. electric company SSE Plc is up only around 3%.
Green Boom’s Hottest 2021 Trade May Turn Out to Be Utilities
Bloomberg 12/17/2020 Sam Unsted
(Bloomberg) After a bumper year for Europe’s renewable-energy stocks, underappreciated utilities shares are now gaining support from the market as 2021’s hot sector to play the clean power transition.
Helped by government policies such as the European Union’s Green Deal and investors’ environmental, social and governance concerns, renewable assets have strongly outperformed traditional utilities peers this year in the Stoxx Europe 600 Index. Turbine maker Vestas Wind Systems A/S has almost doubled in value, while U.K. electric company SSE Plc is up only around 3%.
These updates are republished press releases and communications from members of the Science|Business Network
Toyota Europe to further align with UN s SDGs and EU’s Green Deal ambitions
Toyota aims to make a deeper impact on Sustainable Development Goals with its activities by putting ‘people first’ at the heart of its mission
Toyota reinforces its commitment to sustainability, not as something we just think about occasionally, but central to what we do all the time.
Toyota’s commitment complements environmental leadership in products and services with a focus on diversity, inclusivity, employment equity and sustainable innovation
As Akio Toyoda recently commented, Toyota’s renewed commitment to society extends from putting customers first to ‘putting people first” and aiming to serve society as a whole. This mission statement stems from Toyota’s earliest values and explains why the company is closely aligned to the Sustainable Development Goals as inspiration fo