Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Capital on the Frontier Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Green indices reject Repsol’s “green bond”



Spanish oil company stoked controversy last month when it launched a €500 million ($560 million) “green bond” to retrofit its refineries. See:

Spanish oil company Repsol’s green bond has critics seeing red

Major indices aren’t buying it. Neither the Bloomberg Barclays MSCI, S&P DJI, nor Solactive indices have listed the bond, Environmental Finance reports.

Nonprofit green bond tracking group Climate Bonds Initiative argues if Repsol really wants to make an impact climate-wise, it should transition to other fuel options, like bio-feedstock. That would require swift acceptance on Repsol’s part that for fossil fuels companies, “incremental change is out of time,” as Climate Bonds Initiative says.

The group nevertheless praised Repsol’s transparency.

You might also like...