Tag: Bond

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…

Read More

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%…

Read More

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…

Read More

UK NGOs to collectively raise the bar on safeguarding

Stuart Mitchell

On the day of the UK’s International Safeguarding Summit: Putting People First: Tackling sexual exploitation and abuse, and sexual harassment, in the aid sector, Bond will launch: Our commitment to change in safeguarding: Our approach to tackling sexual exploitation, abuse and sexual harassment in the aid sector. For the past seven months, Bond’s members have worked to both identify and find ways to scale up the best examples of safeguarding policies and practices in the aid and UK domestic sector. Our Commitment to Change in Safeguarding pulls this work together…

Read More