Service Description

The EU Green Bond Standard (EUGB) has been created to ensure that there is adequate transparency in line with market best practice regarding the issuance of green bonds across the Bl The EU council adopted the regulation on the 23rd of October 2023 and will start its application in October 2024. Who reports? The regulation can be applied voluntarily to all issuers of green bonds within the EU-who can subsequently label their bonds European Green Bonds. Issuers of green bonds who are not fully aligned with the EU taxonomy may opt-in to a number of the regulation's disclosure. requirements. What is reported? All issuers using the EUGB standard when issuing a green bond will be be required to disclose how the band's proceeds will be used, and show how such investments support the transition plans of the organisation. Therefore, as part of a new requirement the EUGB standard requires businesses to partake in a green transition. ESG Benefits The new standard provides the following benefits Fosters consistency and comparability in the green bond market Allows issuers to demonstrate that they are funding legitimate green projects aligned with the EU taxonomy Improves access to certified gold standard green bonds for prospective investors