Provide consulting on ESG bond issuance and recommendation, certification and verification
◆ ASD provides advice and supports the issuance of special purpose bonds such as green bonds, social bonds, and sustainable bonds, which are being actively issued by major domestic companies, public corporations, and banks to prepare carbon-neutral and green energy conversion funds and social funds for corona recovery (support for partners, loans, etc.) )
ESG bonds must be issued in accordance to the ESG bond principles of the International Capital Markets Association (ICMA), ASD is an official global observer and member body that formulates and promotes the bond principles of the ICMA.
** As of December 21, 172 domestic companies issued 175 trillion KRW ESG bonds
□ [SRC : Statement list of Recommendation ESG Global Corporate Excellence through SDGs]
ASD provides the “Statement list of Recommendation : ESG Global Corporate Excellence through SDGs (SRC),” to its member organization. SRC is an extensive publication that contains global ESG standards, principles, and regulations all at once.
This kit contains ▷UN Sustainable Development Goals (UN SDGs) ▷EU Action Plan for Financing Sustainable Growth ▷EU Taxonomy’s 6 Environmental Objectives and 3 Technical Screening Criteria▷International Capital Market Association’s ESG Principles and SDGs mapping ▷ First Delegated Act on Sustainable Activities for Climate Change Adaptation and Mitigation ▷ Guidelines for Reducing Plastic Waste (GRP) and Sustainable Ocean and Climate Action Acceleration ▷OECD Rio Markers ▷ EU Corporate Sustainability Reporting ▷China’s Catalogue of Industries for Guiding Foreign Investment ▷Multilateral Development Bank (MDB)’s Common Principles as well as ▷International Sustainability Standards Board (ISSB) ▷Explanation of Article 6 of the Paris Agreement and the 2021 Climate Change Conference (COP26) ▷ESG Guidelines for Small and Medium-Sized Enterprises and ▷Information on Small Modular Reactors (SMRs) Companies that are now attracting attention in the midst of the energy transition.
Moreover, the Kit includes an additional explanation on ▷EU Green Deal ▷EU Green Taxonomy ▷EU Social Taxonomy ▷Information on Carbon Trading Markets▷Carbon Border Tax ▷ Paris Agreement and COP26 ▷ Procedure of ESG bonds issuance as well as ▷K-ESG Guideline and K-taxonomy. The Kit allows companies to easily check ESG-related regulations in major countries, such as the EU, US, and China while assessing domestic regulations and their current status at the same time.
The ESG-SRC kit is used as the basis for the “SRC List” in which ASD recommends leading ESG companies to global financial markets and major institutional investors every July, and the SRC released by ASD is delivered to global capital markets as the Statement list of Recommendation ESG Global Corporate Excellence through the SDGs. Each company in partnership with ASD can assess their current ESG activities through this self-evaluation kit to see if they meet international standards. Based on this, they can be recommended as a leading ESG company in domestic and foreign capital and investment markets.
SRC Introduction 1 / SRC Introduction 2 / SRC Recommended and Selected Company 1 / SRC Recommended and Selected Company 2
The association has also proposed Asia’s First-ever ‘ESG Quantitative Easing (ESG QE)’ and advises the revitalization of green bonds, social bonds, and MBS, thereby boosting the economy, increasing job opportunities, climate response, carbon reduction, and energy conversion.
After the COVID-19 Pandemic, the association proposes an ESG QE(Quantitative Easing) for economic stimulus, climate change action, and reduction of carbon emission. This policy will further contribute to the invigoration of ESG bonds.
Proposal Link —>
Proposal 1: First ever in Asia: ‘ESG Quantitative Easing(ESG QE)’
Proposal 2: First ever in Asia: ‘ESG Quantitative Easing(ESG QE)’