Green bond, as one of the most popular green finance product among all sustainability themed financial products around the world, has been developing rapidly in China with strong policy support. The biggest difference between green bonds and vanilla bonds is the use of proceeds, which only applies to eligible green assets or projects, and the issuer needs to disclose the environmental impact generated by the use of proceeds. In order to ensure the use of proceeds go to eligible green projects, evaluation and certification from an independent service provider can increase the green credential of green bonds, and help to increase the confidence of investors in achieving the environmental impact.
The China Green Bond Principles have suggested issuers to engage an independent third-party evaluation and certification agency to evaluate and verify the green bonds, and to issue a written external review report. As a founding member of the Green Finance Committee of China Society for Finance and Banking, the first Climate Bonds Standard approved verifier in China, and an observer organization of ICMA Green Bond Principles, SynTao Green Finance is qualified and experienced in conducting green bond evaluation and certification service.
Our evaluation and certification service covers the following types of sustainability themed bonds：
The China Green Bond Principles have suggested issuers to engage an independent third-party evaluation and certification agency to evaluate and verify the green bonds, and to issue a written external review report. As a founding member of the Green Finance Committee of China Society for Finance and Banking, the first Climate Bonds Standard approved verifier in China, and an observer organization of ICMA Green Bond Principles, SynTao Green Finance is qualified and experienced in conducting green bond evaluation and certification service.
Our evaluation and certification service covers the following types of sustainability themed bonds：
- Standard Green Use of Proceeds Bond, including:
- Corporate Green Bond (in interbank and exchange traded bond markets)
- Financial Green Bond
- Carbon-Neutral Bond
- Blue Bond
- Carbon Yield Green bond (Green Bond related to environmental rights)
- Green Project Revenue Bond
- Green Asset-Backed Securities
- Green Loan
- Sustainability Linked Bond/Loan
- Social Responsibility Bond/Loan
- Sustainability Bond/Loan
The services we offer：
(1) Pre-issuance: evaluate whether the issuer's green bond complies with relevant standards and regulatory requirements, and verify the issuer’s statement on environmental impact in a written external review report.
(2) Post-issuance: evaluate whether the issuer's green bonds complies with relevant standards and regulatory requirements, verify whither the use of proceeds goes to eligible green assets or projects, and verify the environmental impact of the green projects in a written external review report in the duration of the bonds.
(3) Green asset identification: identify if any assets or projects are eligible as green/sustainable assets or projects for corporates, bank loans or investment portfolios.
Team Strengths：
- Qualifications:
- Founding member of the Green Finance Committee of China Society for Finance and Banking
- Member of National Association of Financial Market Institutional Investors (NAFMII)
- Observer organization of ICMA Green Bond Principles and Social Bond Principles, and a member of the first Advisory Council of the Green Bond Principles and Social Bond Principles Executive Committee
- The first Climate Bonds Standard (CBS) approved verifier in China
- Professional ESG service provider with more than 10 years of experience
- Experienced in evaluating and certifying different types of green bonds, such as corporate bonds, debt instrument, financial bonds, panda bonds and asset-backed securities
- Maintain long-term interaction and extensive cooperation with international organizations and standards development agencies in the field of sustainable finance
- Experience in providing research support to regulatory bodies, such as central banks, CSRC, exchanges and NAFMII
- Provide timely feedback with a flexible framework
Cases:
- Agricultural Bank of China Macau Branch MOP 1,000,000,000 Green Financial Bond 2022
- Jiangsu Communications Holdings Co.,Ltd Green Corporate Bond 2021 (Yangtze River Delta Integration)
- Shenzhen Metro Group Co.,Ltd Green Corporate Bonds 2021 (Carbon Neutrality)
- Beijing Enterprises Water Group (China) Investment Limited Medium-term Note 2017