The Social Bond Principles are voluntary standards administered by the International Capital Market Association. The four key components are: use of proceeds, project evaluation and selection, management of proceeds and reporting. The SBP also recommend that issuers seek external review.
Key learning objectives:
What are the Social Bond Principles?
What do the SBP say about use of proceeds?
What do the SBP say about project evaluation and selection?
What do the SBP say about management of proceeds?
Explain the external review element