Singapore Exchange is enabling bond issuers in Asia Pacific to showcase their Green, Social and Sustainability (GSS) bonds to global investors through its exclusive Asian partnership with the Nasdaq Sustainable Bond Network.
SGX and Nasdaq’s partnership will enhance the accessibility and transparency of Asia Pacific’s GSS bonds by making available standardised environmental, social and governance data covering areas such as pre-issuance frameworks and certifications, and post-issuance allocation and impact.
By doing so, bond investors can improve their due diligence, selection and monitoring, helping them make informed, data-driven investment decisions.
Nasdaq’s sustainable bond network is a platform for global issuers to voluntarily publish key information and data on GSS bonds.
The addition of SGX data – which supports the financing of projects such as renewable energy, sustainable land use, clean transportation as well as social and humanitarian causes - expands the network to 650 issuers and approximately 6,500 bonds.
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SGX claims to be the “preferred” listing venue for GSS bonds in Asia Pacific. According to SGX, more than half of these listings are on SGX with issues spanning diverse green and social themes.
As a global bond platform, SGX helps bond issuers maximise investor outreach and effectively engage a broad and diversified base of global market participants and investors in Asia.
“This collaboration underscores the importance of data in bridging investors with sustainable capital to issuers with high-quality projects,” says Lee Beng Hong, SGX’s Head of Fixed Income, Currencies and Commodities.
“More funds are being raised in Asia Pacific to support sustainability goals, and as one of the top five listing venues globally for GSS bonds, we will look to further drive data distribution and transparency through such platforms and partnerships,” he adds.
Ann-Charlotte Eliasson, Head of Sustainable Bond Network at Nasdaq, wants to enhance transparency on the global market for sustainable bonds and support investors in making better and more sustainable investment decisions.
“Leveraging our close partnership with SGX and their strong reach in the region will enable the network to expand into the important and expanding market for sustainable investment products in Asia Pacific,” says Eliasson.
