The Sustainability Bond Guidelines promote the integrity of the Sustainability Bond market through recommendations for transparency, disclosure, and reporting, outlining a clear process and disclosure for issuers, which investors, banks, underwriters, placement agents and others may use to understand the characteristics of any given Sustainability Bond. The evaluation of the use of proceeds represents the core of the Sustainability Bond Guidelines. They must exclusively apply to finance or re-finance a combination of both green and social projects. The Sustainability Bond Guidelines are based on a combination of the Green Bond Guidelines and the Social Bond Guidelines of the International Capital Market Association.
Lifecycle Phase(s): FinanceDevelopers decide how to pay for their project.
Type(s) of Tool: GuidelinesOperationalize sustainability principles, less specific than Benchmarks or Rating Systems.