Cost of Capital

News & analysis

December 14, 2025

ECB study finds polluting companies get worse borrowing terms from banks

Analysis of more than 5,000 firms shows a relationship between emissions, ecotoxicity and higher collateral requirements
September 1, 2025

Will the European Central Bank make debt more expensive for big emitters?

Influential supervisor is building the case for climate risk to be calculated (and valued) at firm and sector level
October 11, 2024

Climate disclosures cut borrowing costs, finds study

Researchers find 'statistically significant' link between climate transparency and financial terms of 40,000 loans
May 3, 2024

Firms making empty climate promises don’t suffer, finds study

Analysis of thousands of big companies finds financial markets don’t penalise superficial green claims
April 18, 2024

Lenders and insurers to ramp up use of corporate climate plans in pricing decisions

Credit ratings agencies have already started evaluating credibility of transition plans.