ESG awareness can help entities stay ahead of the curve, says S&P Global Ratings’ Michael Ferguson for GLIO

As focus on environmental, social, and governance (ESG) factors increases due to their potential impact on profit margins, Michael Ferguson, Director, Sustainable Finance at S&P Global Ratings, explores some of the most pressing risks affecting infrastructure classes, as well as the ESG opportunities that are being unearthed in the latest edition of GLIO.

“As ESG awareness and disclosure practices take root,” says Ferguson, “entities across the sector could be both better prepared for longer term, emerging ESG risks and able to anticipate strategic opportunities, rather than playing catch-up.”

To read the full article, please click here.

ExWorks Capital moves London headquarters to King William Street

Specialist financier ExWorks Capital has announced its move to 33 Central, King William Street in the City of London from its previous headquarters on Cornhill. The move marks a significant milestone for the Chicago-based company, which opened its first international office in London in 2017.

Over the past two years ExWorks has enjoyed notable success, ensuring the company’s excellent reputation has been upheld in the UK. The move will provide a solid base to accommodate its growing team and expanding client base.

Following Moorgate’s outreach, the news was covered by Fintech Finance, Private Equity Wire, Bridging & Commercial, FinFeeds, and TRF News (paywall).

Global Finance names UniCredit’s Trade Finance Gate as one of the Top Ten Innovations in Trade Finance 2019

 

 

Named among the Top 10 Innovations: Trade Finance in Global Finance’s Innovators Awards, UniCredit’s Trade Finance Gate aims to reduce or eliminate the volumes of paperwork that traditionally accompany transactions.

This digital platform, enabling corporates to view and manage their trade finance portfolios, has been launched in Italy and will be rolled out in Germany during the second half of 2019, with other regions of Europe following in 2020.

To read the full write-up in Global Finance, click here.

El Economista interview, Natixis’ Javier Santos, on the unstoppable green bond trend

In an interview with El Economista, Natixis’ Head of Corporate Debt Capital Markets Iberia, declares that green bonds are an unstoppable trend, even though the market went virtually unnoticed until 2013. Since then, green bonds – whose funds are designed exclusively to finance eligible green projects – are worth more than €525.000 million euro, a figure that barely represents 1% of the total bond market.

A growth in number of participants, funds and sustainable financing is expected in the next years and along with the contribution of the new Taxonomy published by The European Commission, it could make the consolidation of green bonds a reality.

To read the full article, please click here.

 

Natixis’ Jesus Castillo writes for Spain’s Futuro Afondo on the country’s employment trends

In a guest commentary for Futuro Afondo, Jesus Castillo, Natixis’ Senior Economist, discussed the employment in Spain, prior to the release of the new survey of active population. Although the data should reflect the good behaviour of the labour market, the next challenges should be addressed in terms of quality of the jobs created and the level of structural unemployment.

Castillo noted that in a modern economy where new digital technologies can replace low skilled jobs in many sectors, only workers with a high volume of training will continue to occupy less numerous, but more productive jobs.

To read the full article, please click here.

Should sustainable finance be a treasury priority? S&P Global Ratings’ Michael Wilkins answers in article for Treasury Today

As climate risk intensifies and sustainability concerns rise to the fore, issuers and investors are increasingly integrating ESG factors into business and investment strategies. Speaking to Treasury Today, Michael Wilkins, Managing Director and Head of Sustainable Finance, S&P Global Ratings, discusses the extent to which treasurers should be prioritising sustainable finance in their corporate strategies.

Many elements inherent to sustainable finance, such as the forward looking perspective and enhanced disclosure practices, are of obvious benefit for treasurers – and awareness around the material impacts that ESG risks and opportunities can have on an entity’s finances is continuing to rise, Wilkins states. All this means that, in the near future, sustainability matters could well fall within the treasurer’s remit.

Please click here to see the full article (behind paywall).

Green finance set to blossom in the GCC, says S&P Global Ratings’ Timucin Engin for Renewables Investor

Writing for Renewables Investor, Timucin Engin, Senior Director, GCC Region at S&P Global Ratings, considers the growing support for sustainable finance across the Gulf Cooperation Council (GCC).

While the green bond market in the GCC is still in its infancy, Engin argues that the region’s huge investment in renewables – which serves both to alleviate the pressures of falling oil prices and further promote sustainable practices among GCC members – could spur transactions funded via green finance.

To read the article, please click here.

UniCredit appoints Davide Lombardo to Head of Investment Advisory & Key Clients of Group Wealth Management, covered by the specialist press

UniCredit has just announced that Davide Lombardo has been appointed Head of Investment Advisory & Key Clients within the Group’s Wealth Management business – part of UniCredit Commercial Banking, Western Europe.

With considerable expertise across wealth management and investment banking, Lombardo’s objective will be to enrich the UniCredit Wealth Management value proposition for the Group’s key clients in all its core geographies, including Italy, Germany and Austria.

This appointment was covered by: Bloomberg, S&P Global, MarketScreener, WealthBriefing, thewealthnet and IFR.

 

 

Natixis’ Emmanuel Verhoosel discusses the globalisation of the real estate market in Real Estate Capital

Speaking to Real Estate Capital, Emmanuel Verhoosel, Global Head of Real Estate and Hospitality, discusses the accelerated globalisation of the real estate market and the need for real estate banking to adapt to the evolving global perspective.

Through its originate-to-distribute model, Natixis is making significant progress in this area. Capitalising on property investors’ international activities, the bank has already underwritten a large volume of transactions – distributing €11 billion of real estate loans to other lenders based in 16 countries in 2018 alone.

To read the article in full, please click here (paywall).