Analyst’s Insight

The energy transition away from oil : climate-related policy or wider strategic move ?

Until recently, the issue of energy transition was mainly dealt with in terms of structure of power generation capacities. Why ? Quite simply because this sector concentrates the highest potential of massive energy substitutions. Endogenous technological innovation, a more and more precise and relevant support from a large number of States, and a host of [...]

By |September 14th, 2017|Categories: Analyst's Insight|Tags: , , |

US/North Korea: testing China with the oil weapon threat

Last week, on 3 September 2017, North Korea conducted its sixth nuclear test. This is not just an additional test. It contributes to significantly increase tensions between North Korea and Western powers, in particular with the USA. As much has been written on the subject we propose three key takeaways:

Firstly, the latest test confirms [...]

By |September 7th, 2017|Categories: Analyst's Insight|Tags: , , |

Floods in Texas: a reality check for Trump’s cabinet?

Tropical storm Harvey is currently causing extreme flooding in the state of Texas, where 54 counties have been declared state disaster areas. In the city of Huston, it reached diluvian proportions, forcing thousands of people to flee. About 300,000 people at least are without electricity, emergency services are overwhelmed by claims for help, and so [...]

By |August 30th, 2017|Categories: Analyst's Insight|Tags: , , , , |

Last European primary forests threatened by loggers?

Last European primary forests threatened by loggers?

A few days ago, the European Commission referred Poland to the Court of Justice for illegal logging in the Bialowieza forest, one of the oldest forests in Europe. It has been a few months now that the Commission, warned by Polish activists and NGOs, has been keeping a watch [...]

By |July 27th, 2017|Categories: Analyst's Insight|Tags: , , , |

Frankfurt Event: How Cool is Your Investment Portfolio?

Frankfurt Event: How Cool is Your Investment Portfolio?

Beyond Ratings is pleased to be co-hosting with Allianz Climate Solutions GmbH a breakfast presentation in Frankfurt on 27 July 2017, 9:30am to 11am.

Learn how to measure carbon exposure risks for the sovereign asset class and how to use this information to inform and improve investment strategies. This will be a rich yet concise presentation [...]

By |July 20th, 2017|Categories: Analyst's Insight|Tags: , |

Argentina acclaimed by the markets for its first 100-year bond

Argentina acclaimed by the markets for its first 100-year bond

A little more than a year after the end of the long saga of Argentine debt, Buenos Aires continues to be tested by the financial markets. The Macri government has just completed a 100-year bond issue in USD. This event that would have been impossible even [...]

By |July 20th, 2017|Categories: Analyst's Insight|Tags: , , |

Integrating ESG factors into sovereign risk assessment: why does it matter?

The Principles for Responsible Investment (PRI), an investor initiative in partnership with the UNEP Finance initiative and UN Global Compact, released a State of Play report last week that examined ESG integration into credit risk rating. This report is the first in a three-part series in its initiative to enhance the consideration of ESG issues [...]

By |July 13th, 2017|Categories: Analyst's Insight|Tags: , , , , |

TCFD’s recommendations on climate stress-test: time for banks to move to a more prospective analysis

On June 28th, the Task Force on Climate-related Financial Disclosures (TCFD) released its final recommendations aiming at improving reporting and communication on the financial implications of climate change for all companies with public debt or equity. The document highlights 11 specific recommended disclosures that organizations should include in their financial filings to provide their stakeholders [...]

By |July 6th, 2017|Categories: Analyst's Insight|Tags: , , |

ECB Economic Bulletin: From economic to political concerns!

On Wednesday June 21st, the European Central Bank (ECB) released its regular Economic Bulletin in which the Frankfurt-based central bank said fresh concerns have arisen as old ones fade. Indeed, risks to global growth appeared to have diminished, notably with financial markets that are so far accommodating to the Federal Reserves (Fed) tightening without problems. [...]

By |June 22nd, 2017|Categories: Analyst's Insight|Tags: , , , , , , , |

Fed funds hike: Do old pipes really give the sweetest smoke?

On Wednesday June 14th, the Federal Reserve (Fed) has raised short-term interest rates for only the fourth time in more than 10 years (i.e., since the global financial crisis) and for the second time in 2017, stepping up the pace of tightening while inflation expectations are moving in the opposite direction that the Fed wants [...]

By |June 15th, 2017|Categories: Analyst's Insight|Tags: , |