Green Business

Green corporate bonds are growing in popularity, but it can be tricky to figure out just how green these investments really are. How do you know when ‘green’ is really green and not just a catchy name of the bond?

JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) said today that it is adopting a financing commitment that is aligned to the goals of the Paris Agreement (“Paris”). As part of its strategy, the Firm intends to help clients navigate the challenges and capitalize on the long-term economic and environmental benefits of transitioning to a low-carbon world.

Credit Suisse, in partnership with Rockefeller Asset Management (RAM), has launched the first impact fund to address ocean health in line with the UN’s Sustainable Development Goal 14 – “Life below Water”. The fund has raised USD 212 million.

After the Netherlands and Sweden, Germany has become the third AAA-rated country to issue a green government bond. The German government also announced its commitment to building a full green yield curve, next to its conventional yield curve.

In June 2019, CNP Assurances was the first European issuer in the insurance sector to publish a framework document for the issuance of green bonds.