Social responsibility
Social responsibility is the ethical framework and obligations that individuals, organizations, and corporations have towards society and the environment. It involves making decisions and taking actions that consider the well-being of society at large, including stakeholders such as employees, customers, communities, and the environment. Social responsibility encompasses a wide range of initiatives, including philanthropy, sustainability efforts, ethical business practices, and community engagement.
Social responsibility can be an important consideration when evaluating investment opportunities. Companies that demonstrate a commitment to social responsibility may be viewed more favorably by investors who prioritize ethical and sustainable practices. Investing in socially responsible companies can align with an investor's values and beliefs, and may also contribute to long-term financial performance by mitigating risks associated with environmental, social, and governance (ESG) factors.
Green Bond
Green bonds are issued to finance projects that have environmental benefits, such as renewable energy projects, energy efficiency initiatives, or sustainable water management programs. The proceeds from green bonds are earmarked for projects that contribute to environmental sustainability.
Social Bond
Social bonds are issued to fund projects that have direct social impacts, such as affordable housing initiatives, healthcare programs, or education projects. The proceeds from social bonds are used to address social issues and improve the well-being of communities.
Sustainable Bond
Sustainable bonds encompass a broader range of projects that aim to achieve both environmental and social objectives. These bonds finance projects that promote sustainable development, address climate change, and contribute to social welfare. These bonds should follow the Sustainability Bond Guidelines from International Capital Market Association (ICMA), which are aligned with both the Green Bonds Principles (GBP) and Social Bonds principles (SBP).