Sustainable Finance A Profit Center in GCC: ESG Currents
"Many UAE banks have seen sustainable finance as a profit center", says Vijay Bains, Group Chief Sustainability Officer and Head of ESG at Emirates NBD. In this episode of ESG Currents, Grace Osborne, BI's ESG integration analyst for EMEA, speaks with Bains about the rising momentum of sustainable finance in the GCC and its intertwinement with the region's economic diversification plans. With UAE's national banks' pledging to mobilize AED 1 trillion in sustainable finance by 2030, alongside strengthened Nationally Determined Contributions, opportunities for capturing sustainable value creation are mounting. From water scarcity solutions to green building initiatives, the GCC is scaling its sustainability ambitions at a time where other regions in the world appear to be stepping back. This episode was recorded on May 1, 2025. Listen to this podcast on Apple Podcasts and Spotify. Apple: https://podcasts.apple.com/gb/podcast/esg-currents/id1708343606 Spotify: https://open.spotify.com/show/3afZI5e9xvqnMRqlZeeHyo?si=681182792ed04486
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Verge
an hour ago
- The Verge
Barnes & Noble's Nook app has joined
The Nook app has started linking to outside purchases on iOS, too. Kindle and Spotify in making it easier to buy e-books and audiobooks on the iPhone. A recent update has added a new 'buy on option to the iOS app, as spotted earlier by Good e-Reader. The change comes after a judge ordered Apple to lift restrictions on web links and outside payment options, a decision that a higher court upheld earlier this month.
Yahoo
2 hours ago
- Yahoo
KBRA Assigns Preliminary Ratings to CROSS 2025-H5 Mortgage Trust
NEW YORK, June 11, 2025--(BUSINESS WIRE)--KBRA assigns preliminary ratings to ten classes of mortgage pass-through certificates from CROSS 2025-H5 Mortgage Trust, an RMBS transaction issued under the CROSS shelf, where Hildene in affiliation with CrossCountry Mortgage and CrossCountry Capital sponsored the transaction. The $416.5 million transaction is collateralized by a pool of 881 residential mortgages originated by CCM, including a meaningful concentration of collateral that KBRA considers to be "non-prime", with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 86.7% and 13.3% of the pool, respectively. KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment structure, reviews of key transaction parties and an assessment of the transaction's legal structure and documentation. This analysis is further described in our U.S. RMBS Rating Methodology. To access ratings and relevant documents, click here. Click here to view the report. Recent Publications RMBS KCAT CROSS 2025-H5 Mortgage Trust Tear Sheet Methodologies RMBS: U.S. RMBS Rating Methodology Structured Finance: Global Structured Finance Counterparty Methodology ESG Global Rating Methodology Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1009870 View source version on Contacts Analytical Contacts Armine Karajyan, Senior Director (Lead Analyst)+1 Abou Traore, Associate Director+1 Minxi Qiu, Director+1 Patrick Gervais, Senior Managing Director (Rating Committee Chair)+1 Business Development Contact Daniel Stallone, Managing Director+1 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
2 hours ago
- Business Wire
KBRA Assigns a Preliminary Rating to AASET MT-1 Limited, Series 2025-2 Notes
NEW YORK--(BUSINESS WIRE)--KBRA assigns a preliminary rating to AASET MT-1 Limited and AASET MT-1 LLC (together, AASET MT-1 or the Issuer), Series 2025-2, an aviation ABS transaction. The issuance of the Series A-2 Notes and Series B-2 Notes (together, the Series 2025-2 Notes) represents the Issuer's second issuance from AASET MT-1 following the issuance of the Series A-1 Notes and Series B-1 Notes (together, the Series 2025-1 Notes), which closed on February 7, 2025. In conjunction with the issuance of the Series 2025-2 Notes, KBRA anticipates affirming the rating on the Issuer's outstanding Series A-1 Notes. Proceeds from the Series 2025-1 Notes facilitated the acquisition of 23 aircraft (the 2025-1 Aircraft) identified at the time of the closing of the Series 2025-1 Notes (see KBRA's AASET MT-1, Series 2025-1 (f/k/a AASET 2025-1 Limited) New Issue Report for further information). The Series 2025-2 Notes will facilitate the acquisition of 23 additional aircraft (the 2025-2 Aircraft) to be acquired within 270 days following the closing date of the Series 2025-2 Notes. The cumulative acquisitions are hereafter referred to as the Portfolio and will include 46 assets; consisting of 43 narrowbody aircraft and three widebody aircraft on lease (or expected to be on lease to) to 26 lessees located in 18 jurisdictions. As of May 31, 2025 (the Cutoff Date), the weighted average age of the Portfolio is approximately 8.8 years, and the weighted average remaining term of the initial lease contracts is approximately 5.6 years. As of the Cutoff Date, the Portfolio has a value of approximately $1.3 billion. To access ratings and relevant documents, click here. Click here to view the report. Related Publication AASET MT-1 Limited, Series 2025-1 (f/k/a AASET 2025-1 Limited) New Issue Report Methodologies Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1009873
