Initiatives | Sustainable Finance

The ASEAN Sustainability Bond Standards
(ASEAN SUS) intend to provide guidance on the issuance of ASEAN Sustainability Bonds.
ASEAN Sustainability Bonds are bonds where the proceeds will be exclusively applied
to finance or re-finance a combination of both Green and Social Projects that respectively
offer environmental and social benefits.

It is understood that certain Green Projects may also have social co-benefits, and that
certain Social Projects may have environmental co-benefits. The classification of a use of
proceeds bond as a Green Bond, Social Bond, or Sustainability Bond should be determined
by the Issuer based on its primary objectives for the underlying projects.

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