KfW s €4 Billion Green Bond Scored E1/75 On Green Transaction Evaluation prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Italy has secured significant demand for its first-ever BTP Green, strengthening the government’s commitment to green spending and deepening its investor base, critical given Italy’s high debt and funding needs.
Pearson 2020 Preliminary Results and strategy update (Unaudited)
Resilience despite COVID-19 challenges. Repositioning Pearson for sustainable growth.
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Highlights
Underlying revenue declined 10%.
Global Assessment 14% lower, and International down 19%.
North American Courseware down 13%, with US Higher Education Courseware in line with pre-COVID expectations.
Performance in line with revised expectations post COVID-19;
with adjusted operating profit of £313m (2019: £581m)
Adjusted earnings per share of 28.7p (2019: 57.8p) after an effective tax rate charge of 13.7% (2019: 16.5%).
Strong balance sheet and cash performance
Operating cash flow of £315m (2019: £418m) with a conversion rate of 101% reflects lower profit partially offset by good working capital management.
Lopez-led Energy Development Corporation (EDC) is scheduling P15 billion worth of bond issuance under its maiden “green bond framework”, of which proceeds will be used to bankroll new renewable energy (RE) projects as well as to refinance loans for existing RE facilities.
The company said its boa
A broader approach to ESG
22 February 2021
In response to market developments and the economic fallout of the Covid-19 pandemic, NRW.BANK adapted its approach to capital markets and environmental, social and governance (ESG) initiatives this year.
Frank Richter outlines key milestones for the German lender, including the issuance of the bank s first social bond and a revision of its Green Bond Framework
Last year was a remarkable year in many ways. During the Covid-19 pandemic, we have had to weather many changes in the private and public sphere. NRW.BANK, for instance, relocated up to 75% of its staff into home offices. Thanks to good IT infrastructure, the agency s productivity has not been hurt by this unconventional working environment.