RAM Sustainability’s Verifier Status for Climate Bonds to Enhance Malaysia’s Sustainable and Responsible Investments
August 20, 2020
Malaysia-based RAM Sustainability, a member of the RAM Group of companies, received Approved Verifier status to certify Climate Bonds under the Climate Bonds Standard and Certification Scheme (Scheme) on the 12th of August 2020. Receiving certification under this Scheme will allow issuers to prove to the market that their green securities, loans, or Sukuk, adhere to global best practices with regards to climate integrity, transparency, and management of proceeds.
As well as incorporating voluntary guidelines like the Green Bond Principles and Green Loan Principles, the Scheme also draws parallel with the European Union Green Bond Standard, along with similar guidelines and regulatory requirements in regions like China, t...