SIX Swiss Exchange joins Climate Bonds Initiative Partners Program
LONDON: 21/02/2018: 11:00AM GMT: Switzerland’s principal stock exchange, SIX Swiss Exchange, has become a Climate Bonds Partner, joining the financial sector’s efforts to mobilise the USD100 trillion bond market for climate change solutions.
In doing so, SIX Swiss Exchange joins fellow global stock exchanges in efforts to facilitate green finance and green bond growth towards the USD 1 trillion by 2020 investment milestone needed to help meet climate change and emissions goals.
In joining the program, the exchange will work together with Climate Bonds to support increased investment towards a low-carbon and climate resilient economy. Contributing ideas for structuring, policy measures and market design, SIX Swiss Exchange will engage with institutional investors, industry experts and underwriters to improve awareness of potential market opportunities.
Corporate responsibility is part of the corporate strategy and is firmly anchored in the processes of SIX Swiss Exchange. This new partnership is a further signal that SIX Swiss Exchange is determined to continue on this path.
SIX Swiss Exchange has been a trading venue for green bonds since 2014 when the European Investment Bank listed the first ever CHF-denominated green bond there. In total, 13 green bonds with a nominal volume equivalent to around CHF 5.1 billion (USD 5.45 billion) in various currencies are currently traded on SIX Swiss Exchange.
Sean Kidney, CEO, Climate Bonds Initiative
“We welcome SIX Swiss Exchange as the newest addition to our Partners Program. Exchanges have a vital role to play in the expansion of green finance, bringing market actors together and supporting innovation and new investment directions. Working in partnership, we’ll be looking to harness the many opportunities that exist around expanding green bond markets and climate related investment opportunities.”
For more information
Head of Communications and Media
Climate Bonds Initiative
+44 (0) 7914 159 838
+41 58 399 2508
Notes for Journalists
About SIX Swiss Exchange:
SIX Swiss Exchange is one of the most important European stock exchanges. It offers outstanding liquidity in trading of Swiss securities and connects companies from around the world with international investors and trading participants. As a self-regulated exchange, it is able to provide particularly market-friendly conditions for listing and trading in Swiss and foreign equities, bonds, ETFs, ETPs, funds, and structured products.
SIX Swiss Exchange multiplies the locational advantages of the Swiss financial center with first-class services and is an ideal listing location for companies of every origin, size and sector. It operates itsown range of indices, which includes the SMI®, Switzerland’s most important equity index.
About the Climate Bonds Initiative:
The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy. It undertakes advocacy and outreach to inform and stimulate the market, provides policy models and government advice, market data and analysis and administers the Standards & Certification Scheme. For more information, please visit www.climatebonds.net.
About the Climate Bonds Partners Program:
Banks, institutional investors, non-governmental organizations (NGOs), governments and other relevant market players are eligible to join as Climate Bond Partners to help grow a market of green and climate bonds. Partners assist in developing initiatives to grow investment in climate finance solutions and participate in different market development committees and help define policy agendas for sector, country and sub-national programs. A list of Partners is available here.