Fraud and Greenium: Difference between pages

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''Law.''
''Sustainability - sustainable finance - pricing.''


A criminally false representation by means of a statement or conduct made knowingly or recklessly in order to gain a material advantage, usually, but not necessarily, a financial advantage.  
Greenium is a compound of "green premium".


Financial frauds usually involve concealment as well as false representations.
In this context, greenium means the saving that an issuer can enjoy on its cost of borrowing, because it is issuing a green instrument.




== See also ==
Investors are willing to pay more - reflected in a reduced investment yield - for the perceived benefits of investing in the green instrument.
* [[Extrinsic evidence]]
 
* [[Forgery]]
 
* [[Fraudulent trading]]
:<span style="color:#4B0082">'''''Issuers enjoy greenium'''''</span>
* [[Segregation of duties]]
 
* [[Misrepresentation]]
:"Investor interest in sustainability-linked bonds (SLB) is clear from the ‘greenium’ or pricing benefits issuers have enjoyed.
* [[Serious Fraud Office ]]
 
:Tesco’s [January 2021] SLB, for example, priced 15bps inside its secondary curve."


:''Agnes Gourc and Cecile Moitry - co-heads, sustainable finance markets - BNP Paribas - The Treasurer online - 10 June 2021''


===Other links===
[http://www.treasurers.org/node/5024 Fraud and the recession, Will Spinney, ACT 2009]


[http://www.treasurers.org/node/9465 UK businesses fined over £166m for misconduct, Sally Percy, Oct 2013]
== See also ==
* [[Bond]]
* [[bp]]
* [[Green]]
* [[Premium]]
* [[Return]]
* [[Term premium]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Financial_risk_management]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 08:50, 21 July 2021

Sustainability - sustainable finance - pricing.

Greenium is a compound of "green premium".

In this context, greenium means the saving that an issuer can enjoy on its cost of borrowing, because it is issuing a green instrument.


Investors are willing to pay more - reflected in a reduced investment yield - for the perceived benefits of investing in the green instrument.


Issuers enjoy greenium
"Investor interest in sustainability-linked bonds (SLB) is clear from the ‘greenium’ or pricing benefits issuers have enjoyed.
Tesco’s [January 2021] SLB, for example, priced 15bps inside its secondary curve."
Agnes Gourc and Cecile Moitry - co-heads, sustainable finance markets - BNP Paribas - The Treasurer online - 10 June 2021


See also