Corporate Social Responsibility

In late October, Citi issued its first social bond, priced close to par, with a four-year tenor and 1.281% fixed-rate coupon. Proceeds will be used to finance healthcare, affordable housing, education and other goods and services that meet the bank’s social principles. Jorge Rubio Nava, global head of social finance at Citi, talks about the new bond as well as the evolution of Citi’s culture and policy with respect to ESG.

Mary Ellen Iskenderian, president and CEO of Women’s World Banking, speaks to Global Finance about expanding financial inclusion of women, especially in emerging markets.

Maturing standards are raising the issuance bar.

New Zealand is the first sovereign state to approve a law requiring financial institutions, insurance companies and asset managers to disclose climate change risks.

If you cannot measure it, you cannot manage it. 

Sustainable finance makes inroads in Africa.

Aaron Franklin, Head of Sustainable Finance at Sumitomo Mitsui Banking Corp, discusses the hows and whys of green investments.

Increasing competition, consumerization and the quest for a bigger wallet share have transaction banks eyeing retail divisions for inspiration.

With a new awards program, Global Finance highlights banks and companies taking the lead in innovating and expanding the reach of sustainable finance.

Corporate leaders are grappling with an explosion of ESG ratings, rankings and grades.

ESG metrics are growing in popularity but are still far away from being standardized.

Jay Lurie, currently chief investment officer of DC Green Bank, has more than a decade in financing and infrastructure development worldwide in positions at Macquarie, Credit Suisse, and the World Bank Group’s International Finance Corporation (IFC). He talks with Global Finance about climate change and the finance sector.

Can a veteran of the coal business make Glencore more of ann environmentally friendly company?

Investor demand, bolstered by Covid-19 concerns, have kicked off a global surge in social bond issuance.

Kate Dodson, Vice President for Global Health at the UN Foundation, discusses WHO’s Strategic Preparedness Response Plan.

A message from the editors of Global Finance magazine.

WHO’s Solidarity Response Fund has been instrumental in enlisting a wide range of support to fight Covid-19.

Massimiano Tellini, Intesa Sanpaolo’s global head of Circular Economy, speaks to Global Finance about what a circular economy is and why it is relevant now.

The market for green bonds could surpass US$1 trillion early in the first half of 2021.

R. Edward Freeman, an American philosopher and Professor of Business Administration at the Darden School at the University of Virginia, discusses his stakeholder theory and his work on business ethics.