4C is now TGS

We are excited to announce a significant milestone in 4C Offshore's journey. Our integration into the TGS family marks the beginning of a new era in offshore wind market intelligence.

Learn what this means for you!

Alliance forged for green financing

By: Tom Russell 15/01/2019 SSE

Corporate General

A forum has been forged with the aim of developing sustainable finance as a critical tool to help fight climate change. The Corporate Forum on Sustainable Finance brings together 17 European companies including industry giants such as SSE, Ørsted, EDF, Iberdrola, Tideway and Engie, among others, who are all in a position to use green bonds and loans, credit facilities as well as other sustainable financing tools to develop low carbon infrastructure.

Sustainable finance is becoming an increasingly prominent issue with investors taking a keen interest and willing to allocate capital on sustainable initiatives, according to the Forum.

Representing over two-thirds of green and sustainable bond volumes issued by European corporations, the Forum regards sustainable finance instruments as market-based tools that allocate economic resources where it deems they are most needed, particularly to low-carbon and sustainable investments, which are central to the members’ corporate strategies.

One year after the Paris Green Bond Pledge, published to mark 2017 Climate Finance Day, the businesses are pooling their weight to:

More-deeply integrate the notion of sustainability in the financial strategies of their respective companies;
Work with investors to spur the development of a more sustainable economy through innovative financing instruments;
Increase corporate presence in international and national forums shaping the development of sustainable finance markets;
Actively participate in the processes setting the future standards and regulatory frameworks for sustainable finance instruments;
Leverage mutual expertise and promote best practices on impact reporting;
Discuss with rating agencies about more-deeply integrating SRI criteria in the assessment of companies’ long term financial sustainability.

The Forum brings together “green issuers” committed to upholding and developing sustainable finance as a force to combat climate change and foster a more sustainable and responsible society.

The full list of companies involved is: EDF, EDP, ENEL, ENGIE, Ferrovie Dello Stato, Iberdrola, Icade, Naturgy, Ørsted, RATP, SNCF Réseau, Société du Grand Paris, SSE, Tennet, Terna, Tideway, Vasakronan.

Premium

4C Offshore Premium, our most popular subscription, gives you full access to use the 4C Offshore WebApp which includes exclusive offshore wind, transmission and vessel reports, news and downloads.

Request a 30 minute Demo

Alliance forged for green financing

Back to News

Trending News!