Sustainable Fitch

Discover the latest ESG Monthly newsletter from our dedicated ESG Research team, providing global coverage on thematic and cross-sector environmental, social, and governance issues. ? Key updates from Gianluca Spinetti, Sustainable Fitch's Global Head of Analytics ? Insights on recent sustainable finance trends and major market developments ? Comprehensive review of ESG Scores for Leveraged Finance in 3Q24 ? Research on labeled issuance trends and potential impacts of the EU deforestation rule delay #SustainableFinance #ESG #GreenBonds #SustainableFitch #ESGInsights #ESGMonthly

Sustainable Fitch's Nneka Chike-Obi, Senior Director and Head of APAC ESG Ratings & Research, recently participated in a roundtable in Tokyo on "Driving Sustainable Finance: Transition Strategies and Impact Metrics." The event, co-hosted by Sustainable Fitch in partnership with Mirova and Natixis Investment Managers, included discussions on: - Perspectives on regulation, taxonomy, and bond markets - Transitioning finance in Asia: ensuring authenticity and clarity for sustainable growth through regulation, labels, and engagement - The next frontier in impact investing: from climate to biodiversity – lessons learnt, prospects, and metrics We extend our gratitude to Mirova and Natixis Investment Management for their partnership and thank all attendees for their participation. For our latest thinking, see our Sustainable Insights reports: https://ow.ly/lHAv50U85ef #SustainableFinance #ESG #ImpactInvesting #Sustainability #TransitionStrategies #FinanceInAsia #SustainableGrowth #SustainableFitch

On November 22, Sustainable Fitch's Head of LATAM, Janine Dow, will be speaking at a webinar organized by the Flemish Community. The webinar will explore the importance of green budgeting in aligning budgetary policies with climate and environmental objectives. This essential process assesses the environmental contributions of budgetary items and policies, facilitating the green transition. The European Commission highlights that green budgeting instruments can reorient public investments, consumption, and taxation towards sustainable priorities and away from harmful subsidies. REGISTER: https://ow.ly/PCWq50U6ou4 #GreenBudgeting #SustainableFinance #ClimateAction #GreenTransition

Sustainable Fitch has assigned Galata Wind Enerji A.S. an ESG Entity Rating of ‘2’ and an entity score of 76. LEARN MORE: https://ow.ly/Eo8r50U7Usm - Pure-player renewable electricity generation company based in Uskudar, Istanbul - Manages a portfolio of three wind and two solar power plants across Turkiye - Total installed capacity of 290MW - Strong sustainability strategy with a net-zero goal for 2030 - Robust environmental and social policies, though gender diversity remains a sector-wide challenge #SustainableFinance #ESG #ESGRating #RenewableEnergy #Sustainability #ClimateChangeMitigation

2025 will be a pivotal year for sustainability-linked bonds (SLBs), with nearly 100 bonds worth USD70 billion facing performance target assessments in 2025. This increased scrutiny will be crucial for evaluating the bonds' effectiveness and market reaction. Are you prepared? RELATED REPORT: https://ow.ly/mNHl50U6l9F Sustainable Fitch SLB data coverage includes over 220 SLBs rated in EMEA and North America for financial institutions and corporates, with a total debt outstanding value of USD150bn. CONTACT US: https://ow.ly/MktM50U6l9E #SustainableFinance #SLBs #ESGInvesting #Sustainability #MarketAssessment

Our analysts Aurélia Britsch Britsch, Global Head of Climate Research, and Candice Low, Associate Director, ESG Ratings shared their insights on sustainable finance and ESG trends in aviation and SAF at the Growth Frontiers Asia Pacific event in Singapore last week. Fitch Ratings was a sponsor of the event. Request a meeting with the Fitch team to learn more about our ESG offerings: https://ow.ly/OBFa50U6Ivb #sustainablefinance #saf #aviation #ESG

Sustainable Fitch has assigned JSC Otbasy Bank House Construction Savings Bank an ESG Entity Rating of '3'. This reflects Otbasy's significant contribution to addressing housing affordability and supporting vulnerable groups in Kazakhstan. LEARN MORE: https://ow.ly/H5O550U6cE0 -Fourth-largest bank in Kazakhstan with KZT3.20 trillion lending portfolio as of end-2023. -Nearly 55% of all outstanding mortgages in Kazakhstan provided by Otbasy. -Social impact loans constituted 38.2% of total lending by October 2024. -Contributes to UN SDGs: No Poverty, Decent Work, Reduced Inequalities, Sustainable Cities. -Launched pilot for energy-efficient property mortgages, doubling green mortgage share by October 2024. #SustainableFinance #ESGRating #HousingAffordability #GreenMortgages #KazakhstanBanking #ESG

Sustainable Fitch's Thiago Toste, Associate Director, ESG Scores, is speaking today at the European Leveraged Finance Association's (ELFA) annual conference on the panel "Investing with Purpose in a Changing World: Navigating ESG Trends & Regulations." Thiago, who joined Sustainable Fitch in 2022, has experience in ESG analysis, international norms on human rights, and environmental protection, and holds an MSc in Environmental Studies from Lund University and a BSc in Business Administration from FEI University. To view our latest insights on ESG and Leveraged Finance, see our 3Q24 Quarterly Briefing: https://ow.ly/CTFE50U5ar7

Sustainable Fitch has upgraded Energa S.A.’s (Grupa Energa) ESG Entity Rating to ‘2’ from ‘3’ and entity score to 63 from 53, reflecting the group's strengthened sustainability strategy and reduced reliance on fossil fuels. LEARN MORE: https://ow.ly/UuKA50U4CBe - Energa’s electricity distribution activity aligns with the EU taxonomy. - Reduced emissions in line with decarbonisation goals. - Enhanced disclosure in diversity metrics. - Notable improvements in board remuneration practices. - Excellent risk management system. However, board independence and workforce diversity remain areas for improvement. #ESG #ESGRatings #Sustainability #Energa #ClimatePolicy #SustainableFinance

Sustainable Fitch has issued a Second-Party Opinion on Leeward Renewable Energy, LLC's (LRE) green financing framework, rating its alignment as ‘Excellent’. LEARN MORE: https://ow.ly/CYM650U4Hg0 LRE’s framework is compliant with ICMA Green Bond Principles and the Loan Syndications and Trading Association Green Loan Principles. - LRE, headquartered in Dallas, Texas, is a leading renewable energy company. - LRE manages a portfolio of 31 renewable energy facilities with approximately 3GW of capacity across 12 states. - The company is developing around 130 new projects, totaling 30GW of capacity. - LRE’s commitment to environmental stewardship includes wind and solar energy development, energy storage, and biodiversity promotion. #GreenFinance #RenewableEnergy #Sustainability #ClimateChangeMitigation #SPO #SecondPartyOpinion #ESG #SustainableFinance