Technical Update: Submission process for applications to London Stock Exchange's Sustainable Bond Market

As outlined in our technical update titled “Launch of the Sustainable Bond Market”, London Stock Exchange announced the launch of its expanded Sustainable Bond Market (SBM) in October 2019.
 
SBM offers dedicated segments for social and sustainability bonds, in addition to the existing green bond segments, that further enable investors to distinguish between different types of sustainable bonds based on independently verified frameworks and appropriate use of proceeds.

It also introduces a segment for bonds classified at issuer-level, allowing “pure play” businesses in the green economy to make their bonds visible to investors. Green Economy issuers on London Stock Exchange are currently allowed to display bonds on this segment based on their green revenues exceeding 90%.
For more information on the SBM platform please find a link to the SBM Factsheet here.

From 1 January 2020, it became a mandatory requirement to submit a completed SBM Declaration & Application Form, referencing the relevant SBM Terms and Conditions, for all applications in relation to eligible green, social, sustainability or issuer level bonds.
 
This form is in addition to the Form 1 and is intended to obtain information relating to the sustainable securities. This information was previously sent via email to the Admissions team and the introduction of the form allows this information to be captured in a more efficient way.

If you would like to discuss the SBM application process or find out more about the platform please visit our SBM page. Alternatively, please contact the team at bonds@lseg.com or call us on +44 (0)207 797 3921.

To keep updated with the latest Debt Capital Markets news, please register your interest at www.lseg.com/fixedincomeinterest.    

Fixed Income team
London Stock Exchange plc
E: bonds@lseg.com 
T: +44 (0)207 797 3921

Disclaimer: The Sustainable Bond Market (SBM) is not a distinct primary market operated by London Stock Exchange. It is a label applied across various segments of London Stock Exchange’s existing primary markets in order to promote visibility of sustainable debt finance instruments

More recent

Going direct: a Wise decision

Not every listing on the public markets has the aim of raising fresh capital. For fast-growing international technology company Wise, its Direct Listing on the Main Market of London Stock Exchange provides a way to broaden its ownership while remaining focused on its mission. Co-founder and CEO Kristo Käärmann explains their novel thinking and approach.

Learn more
Growth in tech, sustainable finance and diverse boards define London’s first half.

The depth and level of support provided by London’s markets to the rapidly evolving capital needs of issuers and investors in the global economy was vividly underlined in a strong and active first half of 2021.

Learn more
Trustpilot: Denmark’s tech unicorn puts its trust in London

Founded in Denmark in 2007, Trustpilot has developed into a global review platform with a mission to create a universal symbol of trust. Joining the premium segment of London’s Main Market, with its high standards of regulation and corporate governance, was an obvious choice for the first Danish tech unicorn to list in London.

Learn more
Global exposure, best execution: why London is at the centre of global securities trading

The world trades in London

In the time zone that is central to the global business day, London’s role in global finance has always been pivotal. And at London’s heart is London Stock Exchange, which for centuries has provided choice and liquidity for investors and traders around the world.

London provides the bridge between markets from Asia to America, overlapping market hours acr

Learn more