Santiago Exchange was awarded by Climates Bonds for introducing green bond guidelines, as announced on March 5, 2’19 at the 4th Annual Green Bond Pioneer Awards (GBPA), in London. The award recognized Santiago Exchange´s global leadership, best practice, innovation in green finance and have provided positive examples of climate resiliency, especially mentioning the newly-created green and social bonds listing segment.
The 2019 Green Bond Pioneer Awards recognize the organizations, institutions and Countries that are taking the lead on mobilizing green finance, to create and attract climate investment whilst building market confidence.
The Santiago Exchange is absolutely engaged in bringing the best practices and international ASG standards to the Capital Markets in Chile, as part of its commitment to the Global Compact Principles and the Sustainable Development Goals of the United Nations. “Therefore, in accordance to our Sustainability Policy, the creation of the Green and Social Bonds Segment in Chile is part of a set of sustainability initiatives we have been undertaking over the last few years to enable issuers to raise capital and investors to finance projects that generate more a sustainable market, economy and country, as the creation of the Dow Jones Sustainability Index Chile and MILA Pacific Alliance, the Sustainable Reporting Guide for Issuers, and the Responsible Investment Guide for Investors and Market Agents”, highlighted the Chief Executive Officer of Santiago Exchange, José Antonio Martínez.
“Every time an exchange takes a market leading step and establishes a green and social bond segment, it signals to issuers and investors a new direction. The Santiago Exchange is signalling to both Chile and LATAM a future where green finance is part of the investment mainstream. This award is recognition of that leadership,” said Sean Kidney, CEO, Climate Bonds.