S&P Global Joins Climate Bonds Initiative Partner Program: Latest global organisation to expand relationship with CBI.

New announcement builds confidence around development of transparent global GB markets.

 

What’s it all about? 

S&P Global (NYSE: SPGI) has expanded its strategic relationship with the Climate Bonds Initiative announcing yesterday they will become a member of the Climate Bonds Partner Program.

S&P Dow Jones Indices, a division of S&P Global that provides access to the latest information on index policies, industry regulations and market consultations, joined CBI Partner Program in 2014.

Following this step, all company’s divisions are represented in the program, including S&P Global Ratings, S&P Global Market Intelligence and S&P Global Platts.

 

Who’s saying what?

Courtney Geduldig, Executive Vice President, Public Affairs, S&P Global:

“We are excited to enhance our partnership with the Climate Bonds Initiative to advance the green bond market by bringing a deeper level of insight, data and analysis to sustainable investing,”

“As this market continues to evolve and grow, investors will need independent and transparent research to help them make informed decisions – this is where S&P Global comes in.”

 

Sean Kidney, CEO Climate Bonds Initiative:

“We have worked with S&P Dow Jones Indices for several years and have observed the increasing prominence being given by S&P Global to the risks and opportunities related to climate change.”

“In April 2017, S&P Global Ratings announced the launch of its Green Evaluations, a tool to measure sustainability at the asset level. In November 2016, S&P Global Ratings also published a sustainable investment report, providing essential insights into the fast-growing green bond market.”

“Both our organisations are committed to expanding green finance opportunities to address climate change and contribute to international emissions reduction goals.”

The last word

This announcement comes at a time when green bonds are being increasingly being recognised as a crucial ingredient in capital market development to meet international green finance objectives and individual country climate plans.

There are many avenues where work is being undertaken.

Since its launch in 2016, S&P has been part of the G20 Green Finance Study Group (GFSG) whose aim is to develop global green finance.

Much more recently our latest discussion paper Stock Exchanges:  Accelerating the Growth of Green Bond Markets looks at an expanded role for bourses to take in supporting domestic and international market development.

Despite the obvious differences in scale and scope, green bonds market development is a common thread.

Partnership with S&P Global and the expansion of our relationship opens new opportunities for additional cooperation.

There is much to do.

Welcome!

Till next time,

Climate Bonds

 

PS: In São Paulo on the 30th May?

The Climate Bonds Initiative is convening an Executive Dialogue profiling Brazil’s emerging green bond market and investment opportunities in Agriculture, Energy & Infrastructure.

Limited place are still available.

More details here or email Mariana Caminha(link sends e-mail) direct.

 

Disclaimer: The information contained in this communication does not constitute investment advice in any form and the Climate Bonds Initiative is not an investment adviser.  Any reference to a financial organisation or investment product is for information purposes only. Links to external websites are for information purposes only. The Climate Bonds Initiative accepts no responsibility for content on external websites.

The Climate Bonds Initiative is not endorsing, recommending or advising on the merits or otherwise of any investment or investment product and no information within this communication should be taken as such, nor should any information in this communication be relied upon in making any investment decision. 

A decision to invest in anything is solely yours. The Climate Bonds Initiative accepts no liability of any kind, for any investment an individual or organisation makes, nor for any investment made by third parties on behalf of an individual or organisation, based in whole or in part on any information contained within this, or any other Climate Bonds Initiative publicly communication.