) 29 Sites Internal Verification 8 Sites Certified by External Verifier (LPO,RM3,SLY RM9,CWN,UDN,KKN,SMI) 100% Certified of Operation Site by External Verifier 100% Certified of Operation Site by
REGULATORS 1. Maintenance of records 2. Scheduled or surprise audits involving site visits to firm headquarters 3. Follow-up investigations for complaints BUT DOES NOT ADJUDICATE 4. Issue sanctions
........................................................................................................10 SPTs Calibration ....................................................................................................11 Bond Characteristics, Reporting & Verification
Second Party Opinion. Any concerns on the institution’s independence should be disclosed to investors. 2. Verification: An issuer can (or “needs to” in the case of sustainability-linked bonds post issuance
Reporting 15 4.5 Verification 16 5.0 External Review 17 ASEAN Sustainability-Linked Bonds Disclosure Checklist 18 3ASEAN SUSTAINABILITY-LINKED BOND STANDARDS 2022 INTRODUCTION The ASEAN Capital Markets Forum1
through independent verification. Climate Bonds Standard (CBS): A screening tool for investors and governments that allows them to identify green bonds where they can be confident that the funds are being
. Calibration of Sustainability Performance Targets (SPTs) 3. Bond characteristics 4. Reporting 5. Verification The SLBP recommend that issuers publicly communicate their rationale for the selection of their KPI
microorganisms to substitute for or to reduce use of mineral N fertilizer or pesticides or to promote crop growth • Precision agriculture (PA) • Satellite farming or site-specific crop management (SSCM) • Use of
); 3) specific bond characteristics; 4) reporting on the above, and 5) independent verification of the components listed in points 1-4. 3 SLB 2020 : https://www.icmagroup.org/assets/documents/Regulatory
verification. Climate Bond Certification: allows the issuer to use the Climate Bond Certification Mark in relation to that bond. Climate Bond Certification is provided once the independent Climate Bonds Standard