TISE expands sustainable finance

Friday 28 October 2022

The Guernsey-based International Stock Exchange [TISE] now allows transition bonds and transition issuers, supporting projects which lead to a lower carbon economy and society. ‌

This is a new transition offering to its sustainable finance segment, TISE Sustainable.

TISE Sustainable is open to issuers which have listed securities on TISE whose proceeds are explicitly for the purpose of financing sustainable businesses, investments or projects generating a positive environmental impact.

It also provides easier access for investors who are looking to invest in securities which have been verified as meeting globally recognised standards in sustainable finance.

"It is great to see TISE take a market leading position with its TISE Sustainable segment in this important area and we are delighted to be able to continue to support its growth," said Raulin Amy, a director of Ogier Corporate Finance, pictured (top).

Ogier has acted as listing agent for a number of issuers on TISE Sustainable.

"Extending the TISE Sustainable offering means that applications to the segment can also now be made by virtue of either the issuer’s business or that of its wider group or the use of proceeds raised by the issuance of a security, being verified by an independent party against a recognised transition framework," said TISE.

‌TISE Sustainable caters for a wide range of products, including green bonds, social bonds, sustainable bonds, sustainability-linked bonds and transition bonds, as well as green funds, ESG-rated companies and transition issuers.