Sustainaweekly - A closer look at the updated NGFS scenarios
In this edition of the SustainaWeekly we cover a wide range of topics. We kick-off by looking at the updated NGFS climate scenarios, we then go on to review the results of our ESG investor survey, assess the ESG bond issues of last week and the most recent data on Dutch emissions. Finally, in a new section focused on Social Impact, we look at the drivers behind corporate communication on social impact.
Co-author: Piet Rietman
Economist
NGFS has released updated and improved climate scenarios. For the first time, the scenarios include projections of the potential losses from extreme weather events. The impact of carbon revenues on the economy, depending on exactly how they are used, is also taken more explicitly into account.
Strategist
ABN AMRO has conducted a survey with dedicated ESG investors across North-Western Europe. The survey had a total of 18 questions and 39 investors participated. We provide a short preview of the results by highlighting a few of the answers received.
ESG Bonds
KPN was in the market with a debut green bond in a hybrid format. The metals & mining company Anglo American also issued an inaugural SLB. German high voltage grid operator Amprion joined peers in the market by issuing a debut green bond, with proceeds directed to sustainable transmission systems.
Sectors
Dutch greenhouse gas emissions are much lower in 2022, mainly due to less gas consumption in industry, agriculture and the built environment. High gas prices have led many industrial companies to implement necessary alternatives and measures to ensure business continuity in particular.
Social Impact
Nearly three-quarters of AEX companies mention social impact in some way on their main websites. Do companies use social impact strategically, as a way to improve their image? Or are they truly making a social impact? Most academic research shows that both perspectives are true.
ESG in figures
In a regular section of our weekly, we present a chart book on some of the key indicators for ESG financing and the energy transition.