Tag: Bond

Bond launches guide for INGOs on how to become locally led as an anti-racist practice

Stuart Mitchell

Bond, the UK network of international development organisations, has launched a comprehensive guide to support INGOs in becoming locally led. Taking a locally led approach is a means to redress unjust and entrenched power imbalances between them and the communities they work with. The free online resource, Becoming Locally Led as an Anti-Racist Practice, has been put together by Bond and some of its members including All We Can, SOS Children’s Villages UK, Integrity Action, Transform Trade. It was developed with the support of The Social Investment Consultancy. A locally…

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Buzzacott and Bond launch Governance guide for UK international NGOs

Stuart Mitchell

In the current context, where NGOs are increasingly challenged about their legitimacy and their position in the development ecosystem, the trustee role and the question “what does good governance look like?” has never been more complex. How does a board support organisational transformation, set appropriate, visible examples, lead on culture, and rethink its business models to ensure that it “does no harm”? Buzzacott and Bond have launched a Governance guide for UK international NGOs. This guide is intended to go some way to help you address these issues and assess…

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H&M Group’s sustainability work attracts bond market attention

Stuart Mitchell

H&M Group has issued a EUR 500 million sustainability-linked bond with a maturity of 8.5 years. The annual coupon rate is 0.25 percent. The bond generated great interest and was 7.6 times oversubscribed. Sustainability-linked bonds are something new on the bond market. In contrast to green bonds, where the funds are linked to specific projects, sustainability-linked bonds are coupled to the company meeting a number of defined sustainability targets. “For H&M Group, sustainability is an integral part of our operations. This type of bond creates a clear and transparent commitment…

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Tesco launches first sustainability-linked bond of €750m

Stuart Mitchell

Tesco has launched a bond that, for the first time, is linked to the Company’s commitment to reduce greenhouse gas emissions. Tesco was the first business globally to set a zero-carbon goal in 2009 and later the first FTSE 100 Company to set science-based carbon reduction targets on a 1.5-degree trajectory. The launch of our first sustainability-linked bond further demonstrates the strength of our commitment to reduce our impact on the environment and become a net zero carbon business in the UK by 2035. The €750m bond with a 0.375%…

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Bond launches Apprenticeship Scheme to Increase Diversity in International Development

Stuart Mitchell

Bond has announced a pioneering programme in partnership with tech start-up WhiteHat. The programme will allow NGO’s to run apprenticeships and will have a dual focus on increasing diversity across the charity sector at entry-level and upskilling existing employees. As the first of its kind in the sector, this partnership is set to transform the way NGO’s hire, train and retain talent.  WhiteHat works to accelerate the careers of a diverse group of future leaders by offering an outstanding alternative to university through apprenticeships. They match ambitious non-graduate talent to…

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