trending Market Intelligence /marketintelligence/en/news-insights/trending/EdFEbuQPyiG1NhWcBDZZDA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

ESG Insider: COP25 talks break down; Goldman ends some fossil fuel funding

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Mining Exploration Insights – May 2020

Essential Energy Insights - May 14, 2020

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift


ESG Insider: COP25 talks break down; Goldman ends some fossil fuel funding

The ESG Insider newsletter compiles news and insights on environmental, social and governance developments driving change in business and investment decisions. Subscribe to our ESG Insider newsletter, and listen to the latest ESG Insider podcast on SoundCloud, Spotify and iTunes.

"We recognize, and we experience first-hand, investors' growing concern related to ESG issues," an executive from Norway's largest bank recently told shareholders.

That bank, DNB ASA, is one of several in the country working to wind down exposure to oil and gas companies. Our Chart of the Week shows how DNB's oil, gas and offshore exposure dropped over the past few years.

This week, we also cover how delegates from more than 190 countries left COP25, a global climate change convention, without reaching an agreement. And we look at Chevron Corp.'s recent multibillion-dollar write-down, which comes as key stakeholders in the oil and gas giant reckon with climate change risks.

Chart of the Week

SNL Image

Top Stories

SNL Image

Chevron plans to write down $10 billion to $11 billion in assets primarily due to lower long-term expected natural gas prices.
Source: Associated Press

Countries at COP25 fail to reach deal on carbon market rules

"The international community lost an important opportunity to show increased ambition on mitigation, adaptation and finance to tackle the climate crisis," U.N. Secretary-General António Guterres said, expressing disappointment at the lack of concrete progress at COP25.

Chevron devaluation comes amid broader climate-related market impact concerns

Amid surging demand for zero-carbon energy sources such as wind and solar, Chevron has written down up to $11 billion of assets. The move comes at a time when investors and analysts are questioning whether major oil and gas companies could have stranded assets in the future due to climate-related risks.

Amid investor scrutiny, Norway's banks future-proof against climate risk

Norway's central bank has warned that climate-related risk could entail substantial losses, reputational damage and financing problems for the country's banks, but analysts are confident the Norwegian banking sector will be able to future-proof itself.

Q&A

Wash. regulator 'nervous' about California's pause on homeowners nonrenewals

"We're fearful that you could start to see some of the things that are developing in California happen in the state of Washington."

Washington Insurance Commissioner Mike Kreidler named forest fires as the No. 1 climate issue he is worried about for his state. Kreidler, who chairs the National Association of Insurance Commissioners' Climate Risk and Resilience Work Group, recently spoke with S&P Global Market Intelligence about his view of climate risk and a recent moratorium in California on home insurance renewals.

Environmental

EU commits to climate neutrality despite pushback from Poland

U.S. House passes package of bills to bolster coastal resilience

Goldman Sachs ends some fossil-fuel funding, ups clean energy target to $150B

Social

Twitter plans 'decentralized standard' for social media, CEO says

MSCI study: Women make up 20% of boards globally, an increase from past 2 years

Major tech companies sued over child labor in cobalt mines

Governance

Liberty Mutual rolls out new coal exclusions; existing ties to phase out by 2023

Governor pans PG&E bankruptcy exit plan, wants 'radically restructured' utility

Facebook delays naming global oversight board members

ESG Indices

SNL Image

Upcoming Events

Emerging markets, central banks & the future of green monetary policy
Responsible Investor
Feb. 5, 2020
Webinar

Investing for Impact
The Economist
Feb. 13, 2020
New York

ESG & Sustainability Forum
Infrastructure Investor
March 16, 2020
Berlin

Water & Long-Term Value
Skytop Strategies
April 2, 2020
San Francisco

ESG and Sustainable Investments Forum
Institutional Investor
April 22, 2020
Amsterdam

Disruptive Sustainability Technologies
Skytop Strategies
April 23, 2020
Palo Alto, Calif.

US SIF 2020 Annual Conference
The Forum for Sustainable and Responsible Investment
June 8-10, 2020
Arlington, Va.

Questions or suggestions? Contact S&P Global Market Intelligence's ESG News team at ESGNews@spglobal.com.