Finance social projects and boost your ESG credentials by displaying your social bonds on LGX.
A growing number of investors are incorporating ESG principles into their investment strategies. This new development has led to significant interest in social and sustainability bond issuance.
When the proceeds from an instrument will be applied exclusively to finance or refinance social projects, the bond will be displayed in the social window.
A number of different standards, frameworks, taxonomies and labels are included in the LGX eligibility criteria:
Note that (as per CBI) the PBOC Green Bond Endorsed Project Catalogue accepts retrofits of fossil fuel power stations, clean coal and coal efficiency improvements, and rail lines that mainly transport fossil fuels, which are not accepted under the Climate Bonds Initiative’s eligibility taxonomy.More information on international standards related to social bonds is available here.
"BNG Bank’s listing is confirmation of the growing trend towards social investment that we have been witnessing in recent years. We see the development of market standards relating to eligibility and transparency as a crucial step towards the opening up of a social bond market and we are commited to offer issuers any guidance necessary to successfully step into the market."