Following Natixis’ recent announcement around its proprietary Green Weighting Factor for financing deals, the company’s innovative new method has been acknowledged by the likes of the Financial Times and Bloomberg, as well as green-focused publications such as Environmental Finance and Responsible Investor.
In a number of recent articles, Louis Douady, Head of Corporate Social Responsibility, has discussed how applying this methodology can significantly increase the volume of available green assets. “It is coming, it’s a trend that’s started,” he said to Bloomberg. “The intention is to adapt our balance sheet to climate transition, so clearly we want to have a change in our business mix.
Douady noted that the Green Weighting Factor provides for a positive adjustment on analytical RWA for deals that create affirmative climate and environmental action, while involving a negative adjustment on deals with an adverse environmental impact. This announcement comes in line with the promise Natixis made during the Climate Finance Day in Paris late last year.
Following Moorgate’s outreach, the news was covered by the Financial Times, Bloomberg, Environmental Finance, Responsible Investor, Insurance Journal, Institutional Asset Manager, Private Equity Wire and Global Capital.