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BSI HK becomes an approved verifier of Climate Bonds Standard and Certification Scheme

APR 2022

BSI, as the UK National Standards Body reaches across the international standards community, has been awarded as Approved Verifier by the Climate Bonds Standard Board, under the Climate Bond Standards and Certification Scheme.

The Climate Bonds Standard is a key guideline for the international green bond market and is now one of the most common tools used by international investors and stakeholders to identify the attributes of green bonds, helping investors and intermediaries to assess the veracity of climate bonds.

The award made on April 19, 2022, gives BSI the authority to access about whether a bond Issuer's upcoming bond meets the requirements of the Standard and sector based technical criteria.

The Climate Bonds Initiative anticipates that investor demand for green bonds and climate bonds will increase in line with the delivery of quality products into the market. However, it warns that investor concerns about the credibility of green labeling are also growing. Its standards, assurance and certification are essential for improving confidence and transparency, and boosting growth in the market.

According to the Climate Bond Standard, BSI is approved to carry out verification services in all sectors, including：

- Solar Energy

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- Wind Energy

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- Low Carbon Buildings

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- Low Carbon Transport

- Waste Management

- Shipping

Being a CBI approved verifier, BSI will effectively undertake the duties of the verification body, performing pre-issuance verification, post-issuance continuous information disclosure, and verification of climate bonds according to Climate Bond Standard.

For further information, please contact:

Ms. Daphne Lo

Assistant Marketing Manager

t: +852 3149 3324

www.bsigroup.com/en-HK/

About BSI

BSI (British Standards Institution) equips businesses with the necessary solutions to turn standards of best practice into habits of excellence. As the world’s first National Standards Body and a founding member of the International Organization for Standardization (ISO), BSI is responsible for originating many of the world’s most commonly used management systems standards.

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