ORANGE BOND INITIATIVE™ STEERING COMMITTEE

MANDATE 

The Steering Committee is at the helm of the Orange Movement™’s mission to mobilize US$10 billion by 2030 to advance gender equality worldwide, particularly in low-income countries, and empower ~100 million women, girls, and gender minorities, particularly through Orange Bond transactions. 

The Steering Committee members have the following objectives to build a gender-empowered financial system: 

Standard Setting

Transaction Support

Market Building

1. Co-create principles, standards, and taxonomies

2. Align with other industry standards and initiatives (eg. ICMA, other GLI initiatives)

3. Host round-tables with ecosystem actors

1. Deal-flow and co-investment opportunities for investors, donors, and DFIs

2. Advisory for Orange Bond Issuers

3. Training for banks, lawyers, etc.

1. Market intelligence reports

2. Tools for impact verification

3. Certification services for Orange Bond issuances

Hear from the Steering Committee

The green bond market started with a handful of pioneers who decided to look at how to do climate-related bonds in a more structured way. Many social bonds list gender as one of the objectives, whether or not it is the sole purpose of the bond. As the market continues to develop, we wanted to give transactions targeting gender projects more rigour and structure. The aim is to give investors’ confidence that if a bond is labelled orange, it is tackling gender issues at its core.

  • Mara Chiorean, ANZ Bank
  • Singapore

The Orange Bond Initiative™ is aiming to achieve transparency and impact through the issuance of gender bonds that employ the Orange Bond Principles™. The Orange Bond Initiative™ is a commitment to diversity and to ensure there is democratization of the financial markets. This Initiative will give a voice to the Global South. This is the first initiative for capital markets that is coming from the Global South.

  • Durreen Shahnaz, Impact Investment Exchange
  • Singapore

The WLB5 will set the momentum for many Orange Bond transactions to come in the near future, making it a game changer for the sustainable financing market.

  • Stephen M. Liberatore, CFA, Head of ESG/Impact – Global Fixed Income, Nuveen
  • USA