NEW YORK and LONDON, May 23, 2017 /PRNewswire/ -- S&P Global (NYSE: SPGI) has expanded its strategic relationship with the Climate Bonds Initiative by joining the Climate Bonds Partner Program.
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 program.
Current Climate Bonds Initiative partners also include banks, bond issuers, developers, NGOs and institutional investors.
"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," said Courtney Geduldig, Executive Vice President, Public Affairs, S&P Global. "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, CEO Climate Bonds Initiative:
"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," said Sean Kidney CEO Climate Bonds Initiative. "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."
Climate Bonds Contact:
Head of Communications & Media
+44 (0)7506 270 943
S&P Global Contacts:
Note for Journalists:
About Climate Bonds Initiative: The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy.
It undertakes advocacy and outreach to inform and stimulate the market, provides policy models and government advice, market data and analysis and administers an international Standards & Certification Scheme for green bonds.
For more information, please visit www.climatebonds.net.
Climate Bonds Partners Program: Banks, institutional investors, non-governmental organizations (NGOs) and governments are eligible to join as Climate Bond Partners to help grow a market of green and climate bonds. Partners assist in developing initiatives to grow investment in climate finance solutions and participate in different market development and information.
Partners assist in developing initiatives to grow investment in climate finance solutions, participate in different market development committees & help define policy agendas for sector, country & sub-national programs. A list of Partners is available here.
About S&P Global
S&P Global is a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide. The Company's divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. S&P Global has approximately 20,000 employees in 31 countries. For more information visit www.spglobal.com.
Disclaimer: The information contained in this communication does not constitute investment advice in any form and the Climate Bonds Initiative is not an investment adviser. Any reference to a financial organisation or investment product is for information purposes only. Links to external websites are for information purposes only. The Climate Bonds Initiative accepts no responsibility for content on external websites.
The Climate Bonds Initiative is not endorsing, recommending or advising on the merits or otherwise of any investment or investment product and no information within this communication should be taken as such, nor should any information in this communication be relied upon in making any investment decision.
A decision to invest in anything is solely yours. The Climate Bonds Initiative accepts no liability of any kind, for any investment an individual or organisation makes, nor for any investment made by third parties on behalf of an individual or organisation, based in whole or in part, on any information contained within this or any other Climate Bonds Initiative public communication.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sp-global-joins-climate-bonds-initiative-partners-program-300462163.html
SOURCE S&P Global; Climate Bonds Initiative