the top five corporate culture qualities identified by Guiso, Sapienza, and Zingales (2015): innovation, integrity, quality, respect, and teamwork. Using the resource dependency theory and agency theory
provides a clear signal to investors and intermediaries on the climate integrity of Certified Climate Bonds. A key part of the Standard is a suite of sector-specific eligibility Criteria. Each Sector
disclosure and promote integrity in the development of the Green Bond market by clarifying the approach for issuance of a Green Bond Climate Bonds Standard Version 2.1 provides clear criteria to verify certain
promote transparency and disclosure, thereby underpinning the integrity of the market. The Principles also raise awareness of the importance of environmental and social impact among financial market
objectives of securities regulations identified by IOSCO: the protection of investors; ensuring that markets are fair, efficient and transparent; and the reduction of systemic risk.3 Quality and integrity of
Scheme is an easy-to-use screening tool that allows investors and intermediaries to assess claims for the climate integrity of bonds. It provides a set of transparent, verifiable compliance measures that
projects that contribute to environmental sustainability. The Green Bond Principles (GBP) promote integrity in the Green Bond market through guidelines that recommend transparency, disclosure and reporting
bonds serving social and/or environmental purposes through global guidelines and recommendations that promote transparency and disclosure, thereby underpinning the integrity of the market. The Principles
fair, efficient and transparent; and the reduction of systemic risk.3 Quality and integrity of the credit rating process CRAs should endeavour to issue opinions that help reduce the asymmetry of
practices, and adhere to applicable laws; c) embody high standards of business ethics and oversee the implementation of codes of conduct that engender a corporate culture of integrity; d) oversee the