Supporting Sovereigns, Supranationals and Agencies (SSAs) on every step of their sustainability journey

Climate, ESG and Sustainable Finance for SSAs

We offer climate and ESG solutions and services to guide SSAs through their sustainable finance strategies to successfully address environmental and societal challenges.

We are a specialist team with capabilities in ESG advisory and sustainable finance for SSAs, including local governments, and we support our customers across the full spectrum of financing and risk solutions. SSAs play an integral role in mitigating climate change and ensuring a just transition, given the social impact on our communities. Our capabilities extend to both the public and private space across the GBP, Euro and USD markets; this includes sustainability focused bonds and loans, securitisation and capital products, bespoke risk solutions, ESG rating and disclosure.

How we could support your institution

We take a holistic approach to assist you with all aspects of your sustainability journey, by providing advice, ideas and solutions, thought leadership and insight.

Click here for a full list of our capabilities (PDF)

 

Product Innovation

Product innovation and partnership is at the centre of our philosophy, as we demonstrated at the height of the Covid-19 pandemic. NatWest was the structuring advisor to Bpifrance on their Covid-19 Response Framework, one of only two in the market. The framework helped mobilise funds to the SME sector in France during Covid-19.

We value and stimulate an active dialogue between investors and issuers, encouraging best practice and information sharing to help demystify ESG approaches.

Our work

We have assisted numerous SSAs with a wide range of ESG-related transactions, celebrating many sustainability ‘firsts’. NatWest has reached a leading position in structuring and arranging Green, Social and Sustainability Bonds across multiple currencies:

  • We are the #1 bookrunner for all sterling-denominated SSA GSS bonds
  • We are #3 bookrunner for SSA GSS bonds across all currencies

Source: Dealogic (as at H1 2021)

At NatWest, we recognise the interlinkage of a customer’s sustainability strategy and reporting and its impact on ESG ratings and investors’ ESG scorecards and so are able to provide a dedicated service that guides customers to optimize their communication and interaction with various stakeholders.

We have also been recognised for our work, receiving the following awards:

  • Lead manager of the Year 2021, sustainability bonds – local authority/municipality
  • Lead manager of the Year 2021, green bonds – supranational, sub-sovereign and agency (SSA)

Source: Environmental Finance

Our work

We are proud to have supported numerous customers with a wide range of ESG transactions and celebrated many sustainability firsts.

You can read in more detail about how we have helped our SSA and Municipality customers on our Case Studies page. Or see recent examples of our work below:

We are delighted to have supported the EU with its seventh Social Bond in May 2021, as it looked to raise sustainable debt for its SURE programme.

We're pleased to have supported KfW in issuing the largest ever green bond by a non-sovereign issuer.

Earlier this year we supported Italy's MEF with its Green Bonds Framework and its debut green sovereign issuance.

We were honoured to joint lead manage IDA's second Sterling issuance. Raising £1billion in a 7-year maturity, in its mission to eradicate poverty in a sustainable manner.

We're delighted to have supported Communauté française de Belgique (CFB) with the issuance of their inaugural social bond, as they looked to provide access to essential services and develop affordable basic infrastructures.

Insights

In addition to our work, we also support our research teams in providing ESG insights and content that aligns with our customers’ needs and challenges, and this can be found on our ESG Hub or Agile Markets or, you can access some recent examples of our work below.

Contact

Caroline Haas
Head of Climate and ESG Capital Markets

Caroline.Haas@natwestmarkets.com


Climate & ESG Capital Markets

Team Mailbox

CapitalMarketsClimate&ESG@natwestmarkets.com

Awards

Source: Environmental Finance