Sustainable Fitch

Sustainable Fitch has assigned Shandong Hi-Speed New Energy Group Limited (SHNE) an ESG Entity Rating of ‘2’ and an entity score of 75, reflecting its good ESG performance overall. LEARN MORE: https://ow.ly/3MKs50SF28Q We consider SHNE's primary business activity of generating electricity from solar PV and wind power to substantially contribute to climate change mitigation. We also consider its district heating supply business as generally more energy efficient than localised heating systems. However, its heat is still mainly generated from fossil fuels. SHNE is an energy company focusing on solar PV and wind power generation and district heating supply, mainly in China. As of end-2023, SHNE's operational solar PV and wind power plants had an aggregate installed capacity of 4.5GW, a 21% year-on-year growth. The company also operates 12 district heating projects to supply heat to around 198,000 households. #ESGRatings #SustainableFinance #ESG #China

Sustainable Fitch’s latest report on LatAm water and wastewater utilities provides an in-depth ESG ratings comparison, regional sustainable developments, and labelled debt issuance trends. LEARN MORE: https://ow.ly/mEY350SEEpH - Sustainability bonds dominate, representing 64% of regional WWU issuances. - The sector focuses on both green and social investments. - Sustainability-linked bonds target energy efficiency improvements. - LatAm faces significant challenges with inadequate water and wastewater treatment, high leakage rates, and economic losses due to water scarcity. #SustainableFinance #ESG #LatAmUtilities #Sustainability #WaterManagement

Stay informed with the latest sustainable finance trends and insights by reading the Sustainable Fitch ESG Monthly newsletter, featuring updates from Global Head of Analytics Gianluca Spinetti, an in-depth analysis on the Chemicals sector which delves into sector trends and ESG Ratings performance, and the latest updates to our ESG Regulations and Reporting Standards tracker, highlighting new supply chain-focused regulations globally in 2Q24. #ESG #SustainableFinance #ChemicalsIndustry #ESGRegulations #SupplyChain #SustainableFitch #ESGInsights

Sustainable Fitch has provided its Second-Party Opinion on the green finance framework of SAEL Restricted Group 1 (SAEL RG1). Our Second-Party Opinion is that the framework’s alignment is ‘Excellent’. LEARN MORE: https://ow.ly/bowM50SCWFE SAEL is an integrated renewable energy company headquartered in New Delhi, India. The company was initially involved in agricultural solutions but is now focusing exclusively on expanding renewable energy solutions; specifically, on development, construction, operation and maintenance of solar and biomass power plants. #SustainableFinance #SecondPartyOpinion #ESG

サステナブル・フィッチは、1,500社以上（レバレッジド・ローンの借り手及びハイイールド債の発行体）にESG スコアを提供しており、これは、フィッチ・レーティングスが格付している欧州CLO の裏付資産の96％、米国CLO の裏付資産の90％に相当致します。レポートをダウンロードの上、レバレッジド・ファイナンス・データセットの ESG スコアの主な傾向をご確認ください。 発行体のGHG 排出量データについて：https://ow.ly/Uzlk50SCYrp レバレッジド・ファイナンスの発行体の気候目標について： https://ow.ly/1eTY50SCYrq Sustainable Fitch provides ESG Scores for more than 1,500 entities – borrowers of leveraged loans and issuers of high-yield bond – representing 96% of the assets held in European CLOs and 90% of US CLOs rated by Fitch Ratings. Download our reports to learn about the major trends in our ESG Scores for leveraged finance dataset. #sustainablefinance #leveragedfinance #CLOs #structuredcredit

Sustainable Fitch has provided its Second-Party Opinion on the sustainable finance framework of Uzbek Industrial and Construction Bank Joint-Stock Commercial Bank (UICB). LEARN MORE: https://ow.ly/T2zz50SBKbv UICB is the second-largest financial institution in Uzbekistan. Our opinion is that the framework’s alignment with the following is 'Good': - ICMA Green Bond Principles 2021, Social Bond Principles 2023 and Sustainability Bond Guidelines 2021 - Loan Market Association, Loan Syndications and Trading Association - Asia Pacific Loan Market Association Green Loan Principles 2023 and Social Loan Principles 2023 #SecondPartyOpinion #ESG #SustainableFinance

Sustainable Fitch has affirmed Shandong Hi-Speed Holdings Group Limited’s (SHHG) ESG Entity Rating at ‘2’ and increased its entity score to 72 from 69. The increase is primarily driven by the increased revenue contribution from its key subsidiary, Shandong Hi-Speed New Energy Group Limited (SHNE), and the expansion of SHNE’s operations in solar PV and wind power electricity generation during 2023, which significantly contribute to climate change mitigation. LEARN MORE: https://ow.ly/RLJQ50SC4S2 In late 2023, SHHG completed the subscription of 42.12% of VNET Group, Inc.'s (VNET) ordinary shares. VNET is a provider of internet data centre services, cloud services and business virtual private network services in China. #ESG #ESGRating #SustainableFinance #Sustainability

Sustainable Fitch's LatAm metals and mining insight report compares the sector’s ESG Ratings with other sectors and discusses regional sustainable developments, challenges, and labelled debt issuance trends. LEARN MORE: https://ow.ly/hPfx50SBJkj Despite the critical need to invest in technology for transitioning to low-carbon operations, the mining industry in LatAm has seen only minimal green, social and sustainability GSS) bond issuances. This is low compared to other high-GHG-emitting sectors such as real estate, utilities and transportation. This modest sector engagement reflects a global trend. Worldwide, mining-related GSS bond issuances account for less than 1% of the total, with green bonds being the most favoured, comprising 60% of the sector’s total issuances. #ESG #ESGRatings #SustainableFinance #LatinAmerica #MetalsandMining

Sustainable Fitch is excited to announce our new partnership with SESAMm. “Working with SESAMm technology allows us to leverage their advanced solutions to enhance our ESG Scores and Ratings offering. By integrating SESAMm’s extensive data coverage, we can offer our clients more comprehensive ESG insights.” - Gianluca Spinetti, Global Head of ESG Analytics, Sustainable Fitch LEARN MORE: https://ow.ly/JouM50SAG8f

Our colleagues at BMI Country Risk & Industry Analysis, a Fitch Solutions company, recently released ESG Country, which provides country level #ESG data, forecasts and insights to support sustainability, reputational, legal, and supply chain risk analysis. See the below video to learn more.