News and Insights
S&P Global Ratings’ Michael Wilkins explores the green potential for telecom bonds in Aldersgate Group’s blog
June 3, 2020
As investors and corporations alike begin to see the financial benefits of managing their environmental exposure, some unlikely sectors are beginning to engage in green finance.
With three major telecom companies – Verizon, Telefonica, and Vodafone – issuing green bonds in 2019, Michael Wilkins, Global Head of Analytics & Research, Sustainable Finance, S&P Global Ratings, considers the environmental contribution of these bonds in an article for Aldersgate Group.
While the emissions-heavy telecom sector could well benefit from green bonds as a means to invest in modernising its infrastructure and technology to reduce emissions, says Wilkins, investors have expressed concerns that these issuances may be opportunistically seeking a green label to fund projects that may lack positive environmental contribution.
Read the full article here.