Daily ESG Briefing: Aussie firm has credit outlook slashed over ESG and stranded asset risk

The latest developments in sustainable finance

Moody's has downgraded North Queensland Export Terminal’s credit outlook to negative from stable, citing decline for coal demand and broader ESG risks. The firm, formerly known as Adani Abbot Point Terminal, faces “rising refinancing risk” in the run up to the maturity of a $500m…

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