Social Bonds Principles – SBP

Social Bonds Principles – SBP

Description

The Social Bonds Principles (SBP) provide issuers with guidance on the key components involved in launching Social Bonds; they aid investors by promoting the availability of information necessary to evaluate the positive impact of their Social Bond investments, and they assist underwriters by moving the market towards expected disclosures that will facilitate transactions.

How It Works

Social Bonds are used to raising funds for new and existing projects with positive social outcomes.

Tool Outcome

The Social Bond Principles promote integrity in the Social Bond market through guidelines that recommend transparency, disclosure, and reporting. They are intended for use by market participants and are designed to drive the provision of information needed to increase capital allocation to social projects.

Sustainability Criteria

The SBP have four core components:

  • 1. Use of Proceeds
  • 2. Process for Project Evaluation and Selection
  • 3. Management of Proceeds
  • 4. Reporting

Additional Information

  • Users of the tool – Project Team, Developers, Investors, Insurers, Public Authorities  
  • Phase when the tool applies – Finance  
  • Geographic application – Not specified – Applies globally