Carbon intensity and Covenant: Difference between pages

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''Sustainability - greenhouse gases - metrics.''
1.


Carbon intensity measures the greenhouse gas emissions of a process per unit of revenue earned by it.
A formal legal agreement to take, or not to take, certain actions.




:<span style="color:#4B0082">'''''Absolute emissions still go up'''''</span>
2.


:"Some [  ] countries have adopted carbon intensity targets, rather than absolute emissions targets, to accommodate their fast-growing economies. For example, China’s target is to reduce carbon intensity by more than 65 per cent by 2030, relative to 2005 levels. But that reduction in carbon intensity belies the fact that absolute emissions will rise even while that goal is met."
In loan documentation, a promise given by the borrower to take, or not to take, specified actions relevant to the borrower's creditworthiness.


:''Climate change A to Z - Financial Times.''
For example, a ''financial covenant'' to maintain a minimum ratio of net worth to debt.
 
 
3.
 
In relation to pension funds, the credit strength of the sponsoring employer and its commitment to the pension fund.




== See also ==
== See also ==
* [[Accounting exposure]]
* [[Asset cover]]
* [[Breach of covenant]]
* [[Compliance]]
* [[Condition]]
* [[Contingent covenant]]
* [[Covenant trigger]]
* [[Covenant-lite]]
* [[Credit risk]]
* [[Event of default]]
* [[Financial covenant]]
* [[Generally accepted accounting principles]]
* [[Incurrence covenant]]
* [[Interest cover]]
* [[Loan agreement]]
* [[Maintenance covenant]]
* [[Net worth]]
* [[Non-financial covenant]]
* [[Representation]]
* [[Restrictive covenant]]
* [[Trigger event]]
* [[Waiver]]
* [[Warranty]]


* [[Benchmarking]]
==Other links==
* [[Carbon]]
[http://www.treasurers.org/node/8842 Treasury Essentials: Covenants, The Treasurer, March 2013]
* [[Emissions]]
* [[Environmental concerns]]
* [[Environmental KPI]]
* [[Environmental Objective]]
* [[Environmental profit and loss]]
* [[Greenhouse gas]]
* [[Intensity]]
* [[Sustainability]]
* [[Weighted average carbon intensity]] (WACI)


[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 19:52, 11 May 2020

1.

A formal legal agreement to take, or not to take, certain actions.


2.

In loan documentation, a promise given by the borrower to take, or not to take, specified actions relevant to the borrower's creditworthiness.

For example, a financial covenant to maintain a minimum ratio of net worth to debt.


3.

In relation to pension funds, the credit strength of the sponsoring employer and its commitment to the pension fund.


See also


Other links

Treasury Essentials: Covenants, The Treasurer, March 2013