Finance sustainable projects and boost your ESG credentials by displaying your sustainability 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 sustainabilty bond issuance.
When the proceeds from an instrument are exclusively used to finance or refinance sustainability focused projects, the bond will be displayed in the LGX sustainability bond window.
Although the sustainability bonds market is still in its infancy, the flexibility offered by these bonds, allowing for a much broader range of projects than just green to be financed, suggests a strong potential for the market to grow.
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 sustainability bonds is available here.