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Finance and Risk

South East Water Sustainability Finance FrameworkSouth East Water has published its Sustainability Finance Framework, under which the company can issue Sustainability Bonds and Sustainability Loans.

CARBON TRUST CLIMATE RISK REPORTINGTwo-thirds (67%) of UK corporates will be disclosing climate-related risks and opportunities in their 2019 annual reporting, according to new figures released by the Carbon Trust.

stock market 640The world’s first benchmark index to price financial water risk to equities has been launched on Bloomberg. According to the collaborators who will develop the Index, financial water risk will affect $145 trillion in global assets under management by 2025.

S&P Global Ratings are warning that regulatory reset, Brexit and other political risks could weigh on UK utility ratings – and a scenario in which the U.K. leaves the EU without a deal could lead to a prolonged period of market volatility, with reduced market liquidity and increasing regional risk.

Moody's Investors Service is warning that the outlook for regulated water and wastewater utilities in the UK for the coming 12 to 18 months remains negative in its annual outlook on the sector.

ICE SON REPORT 2018A range of future finance options, should be considered by the government and industry to ensure a strong future for the sector, according to a new report from the Institution of Civil Engineers (ICE).  

The Asset Owners Disclosure Project (AODP) has revealed that only 13% of savings collectively managed by the world’s 100 largest public pension funds have undergone formal assessment for exposure to climate-related risks, leaving $9.8 trillion (£7.5 trillion) unprotected from the economic shocks of global warming.

ft-water-summit-2018 1Clare Dixon, Associate Reporter with Waterbriefing, takes an in-depth look at the issues explored at the second FT water summit ‘Unleashing Returns from Water Investments’ organised by the Financial Times newspaper in association with WWF which took place in London this week.

A report in yesterday’s Sunday Times newspaper says that a major overseas investor in UK infrastructure with a 20% stake in Anglian Water is considering taking out political risk insurance in the event of the Labour party winning the next election.

Ratings agency Moody's has published two new reports discussing how covenanted financing structures are helping to mitigate growing business and financial risks for UK regulated utilities.

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