ISS ESG’s Second Party Opinion (SPO) Services provide sustainability, green and social bond issuers with a credible and independent assessment of the sustainability quality of their bonds. Those that meet ISS ESG’s rigorous global standards give sustainability-oriented investors security that the projects they fund are suitably sustainable.
Assessment → Financing Framework
Assessment of the alignment of the Green Bond Framework with the latest version of the ICMA Green, Social Bond Principles or Sustainability Bond Guidelines and with other standards (e.g. EU Green Bond Standards, EU Taxonomy and other regional guidelines)
Evaluation → UN SDGs
Granular analysis of the contribution of the bond to environmental and social goals defined by the UN Sustainable Development Goals
KPIs → Environmental and Social Risks Management
Sustainability Performance → Issuer Sustainability Performance
Issuer Sustainability Strategy
Since 2015, ISS ESG is an Approved Verifier by the Climate Bonds Initiative and helps issuers certify their bond against the Climate Bonds Standard.
Advantages of Climate Bond Certification:
1While SPOs are sold and distributed by ISS Corporate Solutions, the analytical work to prepare and issue SPOs is performed by a dedicated ISS-ESG team and is based on the ISS-oekom methodology.