The Green and Social Bonds Segment is an initiative aligned with the strategy for developing sustainability within Santiago Exchange, which has already implemented various initiatives related to this area in recent years. This has included the creation of the Dow Jones Sustainability Chile Index (DJSI Chile) in 2015, the development of Santiago Exchange’s Integrated Annual and Sustainability Report (2016), and the publication of its Guide to Responsible Investment (2017). Moreover, this represents a contribution to Chile’s efforts to address climate change, which include the development of a local capital market for issuing Green and Social Bonds.
The initiative also aims to provide the market with a new form of financing that provides issuers, investors and stakeholders in general with the opportunity to directly contribute to the main goal set forth in both the Kyoto Protocol (2005) and the Paris Agreement (2020) of mitigating the effects of global warming. It also addresses the principles of the United Nations Global Compact, which is related to the support that companies should provide in applying precautionary criteria to environmental problems, while also adopting initiatives to promote greater environmental and social responsibility.
Specifically, the Green and Social Bonds Segment will allow fixed-income instruments classified as a green and/or social bond to be issued. These instruments can then be traded using the same systems that Santiago Exchange provides for trading debt instruments.
To learn more about the Green and Social Bonds Segment, we invite you to review the following document: "Guide to Santiago Exchange’s Green and Social Bond Segment"