S&P Global has expanded its relationship with the Climate Bonds Initiative by joining the Climate Bonds Partner Programme.
S&P Dow Jones Indices, a division of S&P Global, became a member of the Climate Bonds Initiative Partner Program in 2014.
This decision means that all of the company’s divisions including S&P Global Ratings, S&P Global Market Intelligence and S&P Global Platts are now represented in the programme.
Current Climate Bonds Initiative partners also include banks, bond issuers, developers, NGOs and institutional investors.
Courtney Geduldig, executive vice president, public affairs, S&P Global, says: “We are excited to enhance our partnership with the Climate Bonds Initiative to advance the green bond market by bringing a deeper level of insight, data and analysis to sustainable investing.
“As this market continues to evolve and grow, investors will need independent and transparent research to help them make informed decisions – this is where S&P Global comes in.”
Sean Kidney (pictured), CEO Climate Bonds Initiative, says: “We have worked with S&P Dow Jones Indices for several years and have observed the increasing prominence being given by S&P Global to the risks and opportunities related to climate change.
“In April 2017, S&P Global Ratings announced the launch of its Green Evaluations, a tool to measure sustainability at the asset level. In November 2016, S&P Global Ratings also published a sustainable investment report, providing essential insights into the fast-growing green bond market.
“Both our organisations are committed to expanding green finance opportunities to address climate change and contribute to international emissions reduction goals. Having S&P Global as our partner allows us to deepen our relationship and build a new levels of cooperation to advance the development of transparent, harmonised global green bonds markets.”
