Sustainability Standards and Principles
Protecting the integrity of the sustainable finance market
We go to great lengths to ensure the highest level of transparency and integrity of the securities displayed on LGX. This is why all sustainable instruments displayed on LGX must be aligned with a recognised international sustainability standard, framework, taxonomy or methodology and as well as comply with LGX’s strict eligibility criteria.
Sustainability standards, guidelines and catalogues for bonds
There are several, internationally recognised sustainability standards guiding sustainable bond issuance today. Even if these standards are voluntary, they help ensure the integrity of both the sustainable finance market and of the security itself. The standard applied to each new bond issuance varies depending on the type of instrument, the market in which the security is being issued, and other factors. To display a sustainable bond on LGX, securities must be aligned with one of the following sustainability standards, guidelines or catalogues and respect other eligibility criteria specific to LGX:
ICMA’s Green Bond Principles (GBP)Climate Bonds InitiativeICMA’s Social Bond Principles (SBP)People’s Bank of China Green Bond Endorsed Projects Catalogue (2021)ICMA’s Sustainability Bond Guidelines (SBG)ASEAN Green Bond StandardsICMA’s Climate Transition Bond Guidelines (CTBG)LMA Green Loan PrinciplesICMA’s Sustainability-Linked Bond Principles (SLBP)A Practitioner’s Guide to Using Sustainable Debt for Gender EqualityLMA Sustainability Linked Loan PrinciplesRegulation of the European Parliament and of the Council on the European Green BondsEU Taxonomy Report
Regulations and labels for sustainable investment funds
LGX is home to a wealth of different sustainable securities including sustainable funds. In order to be eligible for display on LGX, funds must comply with the Sustainable Finance Disclosure Regulation (SFDR) and be categorised as an Article 8 or Article 9 fund under SFDR by the responsible asset manager.
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