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Nasdaq Sustainable Bond Network (NSBN) | Green Bonds

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class="page__main" role="main"> <div class="modal-overlay"></div> <a id="main-content" tabindex="-1"></a> <div class="page__content"> <div data-drupal-messages-fallback class="hidden"></div> <article class="solutions-detail"><header class="solutions-statement-hero"><div class="solutions-statement-hero__bg solutions-statement-hero__bg--gradient-1-dark" aria-hidden="true"> <picture class="picture"><source media="all and (min-width: 1200px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/2019/12/06/1024x768_web%20image_v2.jpg 1x"></source><source media="all and (min-width: 768px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/2019/12/06/1024x768_web%20image_v2.jpg 1x"></source><source type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/2019/12/06/1024x768_web%20image_v2.jpg 1x"></source><img class="media__image media__element b-lazy b-responsive" data-src="/sites/acquia.prod/files/2019/12/06/1024x768_web%20image_v2.jpg" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" alt="Abstract_Coral" typeof="foaf:Image"/></picture></div> <div class="solutions-statement-hero__grid"> <div class="solutions-statement-hero__content"> <h1 class="solutions-statement-hero__title">Nasdaq Sustainable Bond Network (NSBN)</h1> <p class="solutions-statement-hero__statement"> provides detailed information on sustainable bonds for investment due diligence, selection and monitoring</p> <div class="solutions-statement-hero__audience"> <h3 class="solutions-statement-hero__audience__title">This Solution Helps</h3> <ul class="solutions-statement-hero__audience__list"><li class="solutions-statement-hero__audience__list-item"> C-Suite Executives </li> <li class="solutions-statement-hero__audience__list-item"> Institutional Asset Managers </li> <li class="solutions-statement-hero__audience__list-item"> Investor Relations Officers </li> </ul></div> <span class="solutions-statement-hero__cta">explore</span> </div> </div> </header><div class="layout layout--2-col-large"> <div class="layout--main"> <div class="body"> <div class="body__content"> <h2><strong>Introduction to the Nasdaq Sustainable Bond Network</strong> </h2> <p>Investing in tomorrow has a big impact on the world today. The Nasdaq Sustainable Bond Network (NSBN) furthers the investment process for sustainable bonds by allowing investors to source detailed information for investment due diligence, selection and monitoring. NSBN displays all documents, data and qualitative information submitted by issuers on an open-to-all website and disseminates the same information in a machine-readable format through proprietary market data feeds</p> <p><a href="https://web.archive.org/web/20201008195158/https://www.nasdaq.com/docs/2020/03/09/NSBN-Fact-Sheet.pdf">Download Fact Sheet &gt;</a></p> <h3>The Basics of Sustainable Bonds</h3> <p>International standards define sustainability bonds as loans used to finance projects that bring clear environmental and social-economic benefits. Green bonds are defined as loans used to finance projects and activities that benefit the environment. Social bonds are used to finance projects achieving positive socio-economic outcomes for an identified target population, with neutral or positive impact on the environment. </p> <p><a href="https://web.archive.org/web/20201008195158/https://www.nasdaq.com/solutions/listing-of-sustainable-bonds">Read more &gt;</a></p> <h3>Our Advisory Board</h3> <p>By combining Nasdaq’s sophisticated technology with transparency and a vision for a better tomorrow, NSBN equips investors to make data-driven decisions based on how funds raised by these bonds will be utilized to help create a more sustainable future. Our Advisory Board is devised of international issuers, investors, investment banks and sustainability experts from various regions (US, EU, Asia). The board will help develop the network over time to best support the global sustainable bond market.</p> <div class="inline-image full-width"> <div class="inline-image__container"> <picture class="picture"><source media="all and (min-width: 1200px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/1100x620/public/2020/06/02/1091-Q20%20NSBN%20logo%20image%20update_GTMS_2.jpg?itok=6gYQkHr9 1x"></source><source media="all and (min-width: 768px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/1200x675/public/2020/06/02/1091-Q20%20NSBN%20logo%20image%20update_GTMS_2.jpg?itok=jgExvTNW 1x"></source><source type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/710x400/public/2020/06/02/1091-Q20%20NSBN%20logo%20image%20update_GTMS_2.jpg?itok=538TFKUR 1x"></source><img class="media__image media__element b-lazy b-responsive" 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1200px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/1200x675/public/2020/06/03/1092-Q20%20NSBN%20quote%20cards_GTMS_Web15.jpg?itok=MlebAkfI 1x"></source><source media="all and (min-width: 768px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/1153x610/public/2020/06/03/1092-Q20%20NSBN%20quote%20cards_GTMS_Web15.jpg?h=c74750f6&amp;itok=SEhPm7wi 1x"></source><source type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/768x432/public/2020/06/03/1092-Q20%20NSBN%20quote%20cards_GTMS_Web15.jpg?h=c74750f6&amp;itok=xN26QP9L 1x"></source><img class="media__image media__element b-lazy b-responsive" data-src="/sites/acquia.prod/files/styles/768x432/public/2020/06/03/1092-Q20%20NSBN%20quote%20cards_GTMS_Web15.jpg?h=c74750f6&amp;itok=xN26QP9L" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" alt="NSBN SEB" typeof="foaf:Image"/></picture><div class="photo-gallery__info"> <div class="photo-gallery__caption"></div> </div> </li> <li class="photo-gallery__slide glide__slide"> <picture class="picture"><source media="all and (min-width: 1200px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/1200x675/public/2020/06/03/1092-Q20%20NSBN%20quote%20cards_GTMS_Web13.jpg?itok=wPbzJn52 1x"></source><source media="all and (min-width: 768px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/1153x610/public/2020/06/03/1092-Q20%20NSBN%20quote%20cards_GTMS_Web13.jpg?h=c74750f6&amp;itok=91lQY-Qv 1x"></source><source type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/768x432/public/2020/06/03/1092-Q20%20NSBN%20quote%20cards_GTMS_Web13.jpg?h=c74750f6&amp;itok=IF8oDPu3 1x"></source><img class="media__image media__element b-lazy b-responsive" data-src="/sites/acquia.prod/files/styles/768x432/public/2020/06/03/1092-Q20%20NSBN%20quote%20cards_GTMS_Web13.jpg?h=c74750f6&amp;itok=IF8oDPu3" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" alt="NSBN Danske Bank" typeof="foaf:Image"/></picture><div class="photo-gallery__info"> <div class="photo-gallery__caption"></div> </div> </li> </ul></div> <div class="carousel-controls" data-glide-el="controls"> <div class="carousel-controls__prev" data-glide-dir="<"> <button class="arrow-cta" aria-label="Previous"> <span class="arrow-cta__text" aria-label=""></span> <span class="arrow-cta__icon" aria-hidden="true"></span> </button> </div> <div class="carousel-controls__count" data-glide-el="count"> <span class="carousel-controls__current" data-glide-el="current"></span>/<span class="carousel-controls__total" data-glide-el="total"></span> </div> <div class="carousel-controls__next" data-glide-dir=">"> <button class="arrow-cta" aria-label="Next"> <span class="arrow-cta__text" aria-label=""></span> <span class="arrow-cta__icon" aria-hidden="true"></span> </button> </div> </div> </div> </section><h3>Discover the Data</h3> <p>Explore and compare sustainable bonds that meet your investment goals or preferences. NSBN provides access to detailed information on sustainable, green and social bonds and displays all data, qualitative information and documents submitted by issuers on an open to-all website. </p> <p><a href="https://web.archive.org/web/20201008195158/https://www.nasdaq.com/market-activity/fixed-income/nasdaq-sustainable-bond-network">Visit our Data Platform &gt;</a></p> <div class="inline-image full-width"> <div class="inline-image__container"> <picture class="picture"><source media="all and (min-width: 1200px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/1100x620/public/2020/04/29/0754-Q20%20NSBN%20Sample%20Data%20Graphic_GIS_v2.jpg?itok=Y7q7VHsd 1x"></source><source media="all and (min-width: 768px)" type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/1200x675/public/2020/04/29/0754-Q20%20NSBN%20Sample%20Data%20Graphic_GIS_v2.jpg?itok=P7k1o6t0 1x"></source><source type="image/jpeg" data-srcset="/web/20201008195158im_/https://www.nasdaq.com/sites/acquia.prod/files/styles/710x400/public/2020/04/29/0754-Q20%20NSBN%20Sample%20Data%20Graphic_GIS_v2.jpg?itok=kTjij6h3 1x"></source><img class="media__image media__element b-lazy b-responsive" data-src="/sites/acquia.prod/files/styles/710x400/public/2020/04/29/0754-Q20%20NSBN%20Sample%20Data%20Graphic_GIS_v2.jpg?itok=kTjij6h3" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" alt="NSBN Sample Data" typeof="foaf:Image"/></picture></div> </div> <h2>Join the Network</h2> </div> </div> <div class="feature-drawer__container"> <div class="feature-drawer"> <h2 class="feature-drawer__title">Explore</h2> <p class="feature-drawer__description">Our evaluation framework helps ensure that bonds are up to sustainability standards. Before issuers can publish securities on the platform, they must satisfy this criteria.</p> <a class="arrow-cta" href="https://web.archive.org/web/20201008195158/https://www.nasdaq.com/docs/2020/03/06/NSBN-Inclusion-Criteria.pdf"> <span class="arrow-cta__text" aria-label="READ INCLUSION CRITERIA">READ INCLUSION CRITERIA</span> <span class="arrow-cta__icon" aria-hidden="true"></span> </a> </div> </div> <div class="feature-drawer__container"> <div class="feature-drawer"> <h2 class="feature-drawer__title">Apply</h2> <p class="feature-drawer__description">After that, issuers must submit an application to include their sustainable bonds on NSBN. Nasdaq will then confirm that your bond(s) fulfill the criteria.</p> <a class="arrow-cta" href="/web/20201008195158/https://www.nasdaq.com/docs/2020/08/14/NSBN-Digital-Application-Form.pdf"> <span class="arrow-cta__text" aria-label="SUBMIT APPLICATION">SUBMIT APPLICATION</span> <span class="arrow-cta__icon" aria-hidden="true"></span> </a> </div> </div> <div class="feature-drawer__container"> <div class="feature-drawer"> <h2 class="feature-drawer__title">Publish</h2> <p class="feature-drawer__description">Once Nasdaq confirms your bonds are fit for inclusion, we will publish your sustainable bond data and documents to its growing pool of investors.</p> <a class="arrow-cta" href="https://web.archive.org/web/20201008195158/https://www.nasdaq.com/market-activity/fixed-income/nasdaq-sustainable-bond-network"> <span class="arrow-cta__text" aria-label="SEE THE DATA">SEE THE DATA</span> <span class="arrow-cta__icon" aria-hidden="true"></span> </a> </div> </div> </div> <aside class="layout--right-rail"><div class="inside-container"> <section class="support-sidebar"><div class="support-contact support-sidebar__section "> <header class="support-contact__header"><h3 class="support-sidebar__section__title"> Support </h3> <p class="support-sidebar__section__description"> Contact Us </p> </header><div class="support-contact__content"> <ul class="support-contact__list"><li class="support-contact__list-item"> <h4 class="support-contact__name">Nasdaq Sustainable Bond Network</h4> <a href="https://web.archive.org/web/20201008195158/mailto:nsbn@nasdaq.com" class="support-contact__contact-method support-contact__contact-method--email">nsbn@nasdaq.com</a> </li> </ul><a href="https://web.archive.org/web/20201008195158/https://www.nasdaq.com/solutions/esg-products" class="support-contact__cta">Learn more about Nasdaq's ESG solutions </a> </div> </div> <div class="support-newsletter-signup support-sidebar__section"> <h3 class="support-sidebar__section__title"> </h3> <p 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