Business Wire

Taipei Exchange Launches Dedicated Sustainable Bond Segment to Further Issuing Momentum

Share

The Taipei Exchange, TPEx, launched a dedicated segment for sustainable bonds, celebrating on May 18 with the debut of three social bond listings. The segment marks a milestone for Taiwan’s socially responsible investment and is in accordance with a plan announced by the Taiwanese government’s Financial Supervisory Commission (FSC). The commission’s plan, named the Green Finance Action Plan 2.0, was announced in August 2020.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210524005043/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Taipei Exchange launches dedicated sustainable bond segment to further issuing momentum. (Graphic: Business Wire)

TPEx Chairman Philip Chen said in a statement announcing the new segment, “After accomplishing the mechanism regarding social bonds, the last piece of the puzzle, TPEx has integrated the regulations of Green Bonds, Sustainability Bonds, and Social Bonds and launched this segment exclusively for ESG concept bonds.” Chen went on to highlight TPEx’s market acclaim for launching Green Bond and Sustainability Bond operational directions in 2017 and 2020 respectively, which were in line with the ICMA’s GBP and SBG. The total outstanding amount of listed sustainable bonds has steadily grown, exceeding NT$207bn (US$7bn), according to Chen.

The first batch of three social bonds listed on TPEx is primarily funding socioeconomic advancement projects related to the global COVID-19 pandemic, projects such as increasing access to loans, providing job opportunities and raising the availability of affordable housing.

FSC Chairman Dr. Tien-Mu Huang said, “FSC fully supports financial innovation and product diversity. The Sustainable Bond Segment at TPEx provides the market with a clearer, more complete and consistent regulatory mechanism, facilitating easier compliance for issuers. This subsequently serves to direct funds to eco-friendly and socially beneficial projects, helping achieve the goals of Green Finance Action Plan 2.0 tremendously.” Mrs. Tania Berchem from the Luxemburg Trade and Investment Office in Taipei, Mr. Nicholas Pfaff from ICMA, and Mr. Sean Kidney from CBI all sent their congratulatory messages to TPEx for the dedicated segment.

Meanwhile, TPEx has modernized its sustainable bonds website (https://www.tpex.org.tw/web/bond/sustainability/index.php?l=en-us), improving all relevant information for clarity and accessibility. The updated website is bilingual, and key features have been added which include issuance status and bond framework information, assessment opinions from external reviewers, market reports, and access to current sustainability studies and research reports. Speaking of the new website, Chen added, “In facilitating responsible investing, we hope to offer a full array of information to enhance transparency while simultaneously raising investors’ social awareness.”

About the Taipei Exchange

Established in 1994, the Taipei Exchange is a member of the World Federation of Exchanges. The exchange has grown with a vision of sustainability to meet the diverse needs of issuers and investors, and has long been dedicated to fostering emerging, high-tech and creative industries by providing a viable channel for raising capital. The exchange has also established a fast-growing bond market. For more information, visit: https://www.tpex.org.tw/web/index.php?l=en-us

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Tinna Chen: tinnachen@tpex.org.tw
Iris Yang: irisyang@tpex.org.tw

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Verimatrix Protects Recode Health’s STRIVE Benefits Mobile App16.6.2021 17:45:00 CEST | Press release

Regulatory News: Verimatrix, (Paris:VMX) (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced its application shielding solutions were selected by Oakland, California-based Recode Health to protect its STRIVE Benefits mobile app. Serving as the SaaS benefits communication platform of choice for thousands of businesses throughout the United States, STRIVE’s mobile app aims to modernize employer-employee relations by seamlessly educating employees so that they stay ahead of the curve and have fingertip access to their benefits guides, balances, financial information and other customizable data. Due to the sensitive nature of the information within the app, such as telemedicine and Rx integrations to save on healthcare costs, the STRIVE management team prioritizes its cybersecurity stance and looked to ensure that its mobile app is as secure as possible. “The protection of employer and employee data is paramount at STRIVE,

Biolog-id Partners With AirMed to Help Enhance Visibility, Availability, and Traceability of Life-saving Blood Components16.6.2021 17:18:00 CEST | Press release

Biolog-id LLC, a developer and service provider of connected healthcare solutions, announced today its partnership with AirMed – one of the first air medical transport programs in the US. As part of this partnership, biolog-id’s cutting-edge technology will provide digital visibility to the inventory of red blood cells and liquid plasma across 5 locations in the state of Utah, covering one of the largest geographical areas in the nation, routinely transporting patients not only from Utah, but also from Colorado, Wyoming, Nevada, Montana, and Idaho. Biolog-id’s blood components management platform will support the inventory replenishment of the different bases, as well as the traceability and documentation of the units selected by the teams at the AirMed bases. “We are pleased to cooperate with the biolog-id team on the deployment of this technology across our operation,” said Cory Cox, AirMed Outreach Coordinator & Flight Paramedic at AirMed. “We are committed to delivering the highest

Moody’s ESG Solutions Launches Bespoke Dataset to Help Market Participants Meet SFDR Requirements16.6.2021 17:10:00 CEST | Press release

Moody’s ESG Solutions today launched a bespoke ESG data solution to help market participants meet the European Union (EU) Sustainable Finance Disclosure Regulation (SFDR) requirements. Harnessing Moody’s ESG Solutions’ analytical rigor and advanced data capture processes, the product was built from the ground up, making it one of only a few purpose-built SFDR data solutions in the market. In effect since March 2021, SFDR introduces disclosure requirements on a set of Principle Adverse Impact (PAI) indicators, which outline the environmental, social and governance (ESG) factors that lead to adverse sustainability impacts. PAI disclosures will become mandatory for all financial market participants, including advisers, from 2022 as part of the EU’s strategy to combat greenwashing and incentivize funding of green projects. “We are committed to advancing sustainability objectives and providing essential data that market participants can rely on,” said Sabine Lochmann, Global Head of Moody’s

Piper Sandler Advises EverArc on its Acquisition of Perimeter Solutions16.6.2021 16:18:00 CEST | Press release

Piper Sandler & Co. chemicals & materials investment banking group (The Valence Group) has advised EverArc Holdings on its announced acquisition of 100% of Perimeter Solutions from SK Capital. EverArc Holdings Limited (LSE: EVRA / EVWA) has entered into a definitive agreement with SK Invictus Holdings S.à.r.l. an affiliate of funds advised by SK Capital Partners, to acquire 100% of SK Invictus Intermediate S.à.r.l., the ultimate parent company of Perimeter Solutions, a leading global manufacturer of high-quality firefighting products and lubricant additives, for total consideration of approximately $2 billion, consisting of cash and preferred shares, subject to customary closing conditions. The transaction is expected to close in Q4 2021. EverArc Holdings Limited (LSE: EVRA / EVWA) is a publicly-listed acquisition company that was formed in November 2019 to undertake an acquisition of a target company or business. Perimeter is a leading global manufacturer of high-quality firefighting

UVD Robots Selected by Global Facility Management Company ISS to Provide Autonomous Disinfection Robots16.6.2021 15:02:00 CEST | Press release

Today, Blue Ocean Robotics the manufacturer of UVD Robots for autonomous UV-C disinfection announced that it was selected by ISS World Services, a world leading global workplace experience and facility management company, to provide autonomous robots for disinfection as part of ISS’ global offering. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210616005504/en/ UVD Robots are helping to ensure outstanding cleaning and disinfection excellence. Unlike many stationary disinfection systems, the UVD Robot is a mobile, fully autonomous robot integrating UV-C light to disinfect against all known bacteria and viruses including Covid-19 not only on surfaces, but the air as well, providing a fully comprehensive infection control and prevention solution. UVD Robots enable facilities to reduce disease transmission by eliminating 99.99 percent of bacteria and viruses in any room. The robots have been rolled out to more than 70 countries

Auth0 Releases State of Secure Identity Report, Highlighting the Most Pervasive Threats to Digital Identities16.6.2021 15:01:00 CEST | Press release

Auth0, the modern identity platform, today announced the launch of its inaugural security report: The State of Secure Identity. This detailed report highlights key areas of concern for security professionals responsible for managing digital identities, including the exponential rise of credential stuffing attacks (automated attempts to compromise a large number of user accounts with stolen credentials), fraudulent registrations, and the widespread use of breached credentials. Recent headlines and high-profile cyber attacks give today’s security professionals a wide swath of serious threats to worry about. The primary goal of cybercriminal activity is to access critical resources, systems, and personal data, yet systems that can be put into place to minimize the risk of attack — like identity management — often get deprioritized. Lack of budget, resourcing, or attention on managing digital identities give threat actors a prime opportunity to take advantage of these discrepancies and sur

Ray Fernandez-Andes Named CFO at Next Level Aviation16.6.2021 15:00:00 CEST | Press release

Seasoned finance executive Ray Fernandez-Andes has been named Chief Financial Officer at Next Level Aviation, a leader in the global distribution of used serviceable material (USM) for commercial aircraft and jet engines. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210616005177/en/ Ray Fernandez-Andes has been named Chief Financial Officer of Next Level Aviation. He will help create financial strategies to support the company’s planned growth in the coming years, both organically and through acquisition. (Photo: Business Wire) Fernandez-Andes brings a high level of finance expertise in the airline and commercial aviation aftermarket to NLA. He has extensive experience in improving financial results, providing strategic advice for growth and capital deployment, as well as managing banking and investor relationships. Fernandez-Andes is a certified public accountant (CPA) in the state of Florida, and a former auditor at Arth