The German Derivatives Association (Deutscher Derivate Verband, or DDV) has published the DDV Sustainable Finance Code of Conduct which set out uniform product and transparency standards for sustainable structured products.
The new guidelines, agreed by the 15 issuers of structured products represented in the association, distinguishes between ESG Products and ESG Impact Products. In the case of ESG Products, the issuer defines one or more dedicated sustainability strategies in advance for the selection of the underlying; whereas ESG Impact Products are impact-focused bonds that ‘pursue one or more measurable sustainability objectives’ such as funding economic activities that contribute to the defined
Continue reading and get unlimited access for 7 days with a free trial of SRP.
Get a free trialAlready a subscriber? Login