Green pure play
From ACT Wiki
1. Business strategy - sustainability.
A business or other organisation that is mainly - or entirely - involved in environmentally sustainable activities.
2. Business strategy - sustainability - finance.
A bond, loan or other finance for a green pure play organisation.
- Green pure play bonds don't automatically comply with Green Bond Principles (GBP)
- "It is recognised that there is a market of environmental, climate or otherwise themed bonds, in some cases referred to as “pure play”, issued by organisations that are mainly or entirely involved in environmentally sustainable activities, but that do not follow the four core components of the GBP.
- In such cases, investors will need to be informed accordingly and care should be taken to not imply GBP features by a Green Bond reference.
- These organisations are encouraged to adopt where possible the relevant best practice of the GBP (e.g. for reporting) for such existing environmental, climate or otherwise themed bonds, and to align future issues with the GBP."
- Green Bond Principles - International Capital Market Association (ICMA).
See also
- Bond
- Green
- Green bond
- Green Bond Principles
- International Capital Market Association (ICMA)
- Pure play
- SDG bond
- Sustainability
- Sustainability themed investing