EY becomes a Climate Bonds Partner

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Media Release

EY becomes a Climate Bonds Partner
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00.00 GMT 12/11/15 LONDON: Ernst & Young (EY) has today become a Climate Bonds Partner.

Dr Matthew Bell, Oceania Leader, Climate Change and Sustainability Services at Ernst & Young:

“EY recognises that capital markets investment will be essential to finance the green growth we need to avert catastrophic climate change. We need to see the development of transparent, repeatable, and verifiable mechanisms to support the market, and to support confidence in green outcomes. The Climate Bonds Standards and Certification scheme is one of these.”

“EY’s own purpose, to Build a Better Working World, underlines how we work and partner with other organisations. We will be working with the Climate Bonds Initiative to mobilize capital markets for climate change solutions.”

Climate Bonds CEO Sean Kidney:

“EY has been a leader in a wide range of climate, carbon and sustainability initiatives.”

“They have already joined us as an Approved Verifier for the Climate Bonds Standards, the internationally recognised screening and certification process for Green Bonds.  In addition, EY have been actively contributing to the development of Version 2.0 of the Standard as part of our Assurance Roundtable.”

“We’re now very excited to have the opportunity to deepen that relationship and work more broadly with them to build a robust international green bond market.”

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Notes for Journalists:

About Climate Bonds Initiative: The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy. For more information please visit www.climatebonds.net

About Ernst & Young: EY is a leading global professional services firm. More information here.   

Approved Verifiers: To meet the requirements of the Climate Bonds Standard and Certification Scheme all Bonds must be checked by an Approved Verifier. More information on the Assurance Framework for the Climate Bond Standard is available here. All full list of Approved Verifiers is available here.

Partners Programme: NGOs, banks, institutional investors and governments are eligible to join as Climate Bond Partners  to help rapidly grow a market of green and climate bonds.

Climate Bonds Partners: Partners assist in developing initiatives to grow investment in climate solutions, participate in different market development committees & help define policy agendas for sector, country & sub-national programs. A list of Partners is available here.

For more information, please contact:

Andrew Whiley, Communications Manager, Climate Bonds Initiative (+44 (0) 7506 270 943)

 

ENDS>

 

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Disclaimer: The information contained in this communication does not constitute investment advice in any form and the Climate Bonds Initiative is not an investment adviser. Any reference to a financial organisation or debt instrument or investment product is for information purposes only. Links to external websites are for information purposes only. The Climate Bonds Initiative accepts no responsibility for content on external websites.

The Climate Bonds Initiative is not endorsing, recommending or advising on the financial merits or otherwise of any debt instrument or investment product and no information within this communication should be taken as such, nor should any information in this communication be relied upon in making any investment decision.

Certification under the Climate Bond Standard only reflects the climate attributes of the use of proceeds of a designated debt instrument. It does not reflect the credit worthiness of the designated debt instrument, nor its compliance with national or international laws.
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