16 Jan 2020
EUR 100.3 million
Industries and services
On 10 December, Nasdaq launched its Sustainable Bond Network, a global, publicly available web-based platform designed to improve transparency in the market for green, social and sustainability bonds. NIB participates in the network as a member of its advisory board.
“As an issuer, we support Nasdaq’s efforts to increase transparency around sustainability to issuers and investors across the globe,” says Jens Hellerup, Head of Funding and Investor Relations at NIB. “The sustainable bond market is growing rapidly every year, and we look forward to continue working towards its further developments through the Sustainable Bond Network.”
Issuers using the Nasdaq Sustainable Bond Network are given an opportunity to showcase their sustainability efforts and provide a greater level of transparency for their bonds. The Nasdaq Sustainable Bond Network also introduces a standard framework for impact reporting.
For investors, the Network´s data collection tools address a growing need for improved data aggregation in the sustainable bond market, replacing the need for the manual collection and administration of data.
From its launch, the Nasdaq Sustainable Bond Network contains bond data from a select number of European and U.S. issuers. The Network will be continuously expanded through feedback from a global advisory board, where NIB will act as a member together with other leading issuers, expert organizations and public and private investors of the sustainable bond market.
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. In 2015 Nasdaq launched the world´s first sustainable bond market, which has more than doubled in size every year since and recently surpassed 200 listed instruments across 50 issuers in the Nordic region. Following the strong growth of the market, Nasdaq has expanded its offering to include additional segments. In December 2018, Nasdaq launched an ESG Data Portal, a centralized distribution point, which offers investors access to standardized ESG data from Nordic listed companies.