S&P Global Ratings and Resilience Economics’ joint report on the effects of weather events on corporate earning is covered by the specialist press.

The effect of climate risk and severe weather events on corporate earnings can be significant. If left unmitigated, the financial impact could increase over time as climate change makes disruptive weather events more frequent and severe. The report entitled “The Effects of Weather Events on Corporate Earnings are Gathering Force” was jointly released by S&P Global Ratings and Resilience Economics.

The news was covered in Edie, EurActiv, Bloomberg, BNN Bloomberg, Bloomberg Quint, Earther, The Star Business Journal, Oil Price, The TeCake, BlouinNews, The News Recorder, Washington Post, CTM File, EcoNews, Environmental Leader, Climate Alliance, and Triple Pundit.

Writing on environmental risk in credit ratings, S&P Global Ratings’ Michael Wilkins contributes to SEB’s paper The Green Bond

 Environmental, social and governance (ESG) risks and opportunities are of growing interest to all market participants. With the potential to affect an entity’s capacity and willingness to meet its financial commitments in various ways, it is important to understand how S&P Global Ratings incorporates ESG factors into credit ratings. Michael Wilkins, Head of Sustainable Finance at S&P Global Ratings, explains.

The full piece was published in print.

Miroslav Petkov, S&P Global Ratings, considers the growth of adaptation finance in the face of climate change, for the Cambridge Institute of Sustainable Leadership (CISL)

Following extreme weather events last year, the international community has issued multiple calls to strengthen infrastructure against extreme weather events and the expected impact of climate change. Writing for the Cambridge Institute of Sustainable Leadership (CISL), Miroslav Petkov, Director, S&P Global Ratings explores the need for and potential rise of adaptation infrastructure finance.

Read the full article here

 “Is US infrastructure going green?” asks Michael Ferguson, S&P Global Ratings, in Public Finance International

US infrastructure needs are enormous. Water, wastewater and irrigation systems alone require more than US$630bn of investment up to 2033 to bring them up to modern standards, according to Environmental Protection Agency estimates. Green finance could be used to help meet these substantial infrastructure requirements, writes Michael Ferguson, Director, S&P Global Ratings in Public Finance International.

To read the full article, please click here. (please note that the article is behind a paywall)

 

 

S&P Global Ratings’ Andrea Croner is quoted in Environmental Finance on the strength of the Nordic green finance market

In Environmental Finance’s article on the Nordic green finance market, Andrea Croner, Associate, S&P Global Ratings, says “The Nordic countries are leading the way for transparency of impact reporting” and “Nordic public sector entities have become sought-after specialists in this area. Partly thanks to their efforts, investing in green bonds has become more transparent and, therefore, more attractive to investors worldwide.”

 

To read the full article, please click here; the article was also published in print. (please note that the online article is behind a paywall)

In Power Energy Solutions Solar, S&P Global Ratings’ Rachel Goult considers that the GCC’s solar industry is heating up

With ample desert space and swathes of sunshine all year round, the countries of the Gulf Coorporation Council (GCC) are well placed to benefit from renewable technology advancements and lowering costs in the solar industry. Rachel Goult, Director at S&P Global Ratings, explores developments in the region in Power Energy Solutions Solar.

To read the full article, please click here.