All articles by Adrian Murdoch
Adrian Murdoch
Breaking down the world’s biggest green corporate bond
Dutch transmission system operator Tennet accelerated its push into renewable energy with a €3.85bn green bond notable for more than just its size. Capital Monitor spoke to the company’s head of treasury.
How GM is setting the pace for Scope 3 reductions
Although the automotive industry has a poor record with sustainability, General Motors has a supplier pledge to help its Scope 3 emissions.
The rise of solar project financing in Australia
Labor’s election win in Australia is tipped to drive a rebound in renewable energy projects. The recent refinancing of Foresight Solar’s Oakey and Longreach solar farms in Queensland is an example of how such deals work.
Sustainability-linked bonds: Weak KPIs cast shadow
Poorly defined KPIs are the ghosts at the sustainability-linked bond banquet, even though issuance is expected to grow this year.
Behind Landmark’s milestone sustainability-linked loan
The Dubai-based mall operator’s new debt facility has a groundbreaking structure and aims to boost the already-high female share of its workforce, not to mention heavily increase the company’s solar capacity. Landmark has Scope 3 emissions in its sights to boot.
We embrace ESG, say FTSE treasury chiefs
Corporate treasurers are pushing for ESG and sustainability financing, not because of any margin benefit, but because it shows a public commitment to sustainability, argues a new report from Herbert Smith Freehills.
ESG engagement: How investors get their way at the AGM
Investors are increasingly engaging with companies, particularly on sustainability issues, and they turn to shareholder resolutions when all else fails. UK fund house Schroders and activist group ShareAction, among others, explain the process.
Singapore banks push into small-ticket green loans
The country’s big lenders are raising their focus on sustainable lending to individual investors and small businesses, despite the administrative challenges and lower margins involved, taking the view that a more bottom-up approach will help address the climate crisis.
ESG derivatives gain traction with landmark Kiwi deals
Alongside its first sustainability-linked loan, Auckland Council has signed the world’s first public sector sustainability derivatives contract with a spread based on emissions reduction, fleet transition and diversity of procurement, underscoring the usefulness of such contracts to treasurers.
Bacardi: Raising sustainability’s spirits
Reflecting a rising trend among distillers, Bacardi is extending its sustainability push beyond packaging and throughout the production process. Capital Monitor speaks to vice president Rodolfo Nervi about the group’s efforts.