We have partnered with the London Stock Exchange combining our infrastructure and technology with their issuer services and sustainability expertise, to provide a “Sustainability Identifier” to issuers on our platform.

London Stock Exchange continues to further its vision of serving customers across the funding continuum, encouraging innovation and reaffirming its commitment to supporting the growth of sustainable finance.

The collaboration aims to diversify short-term funding for financial institutions and corporations by giving them access to a new pool of institutional capital committed to sustainable investment. To date, sustainable finance has concentrated on longer-dated financing without addressing the short-term needs of borrowers and lenders.

 

What are the benefits?

Diversify funding sources
Funding from a new universe of investors that would be challenging to reach through traditional means

Reduce costs
No upfront charges or platform fees to borrow via the platform, in contrast to Commercial Paper and other short-term funding options

Raise profile and visibility
Further enhance your standing as a leader in sustainability

A single digital process
Issuers can access funding from all existing and future clients without bilateral negotiation, KYC, AML or direct relationship


Case Study

Find out more about Mitsubishi HC Capital UK PLC's debut transaction on the TreasurySpring platform in October 2023. 

The London Stock Exchange identified Mitsubishi HC Capital UK PLC for its sustainability related activity following issuance on the London Stock Exchange's Sustainable Bond Market (SBM). 

FAQs

How do Issuers on the TreasurySpring platform obtain the Sustainability Identifier?

The London Stock Exchange will provide the Sustainability Identifier to TreasurySpring to display alongside issuers on its platform. This will utilise LSEG’s sustainability offering to identify companies that display certain ESG metrics or are contributing to the green and sustainable economy through their business activity and funding frameworks. 

To be considered for the Sustainability Identifier, an issuer must meet at least one of the following criteria:

  • Have a LSEG ESG score of B+ or above. The LSEG ESG score is designed to transparently and objectively measure a company’s relative ESG performance, based on company-reported data. A company with a score of B+ or above ranks in the top third of its peer group. The scores can be found here (ESG Scores | LSEG)
  • Have been provided with the London Stock Exchange’s Green Economy Mark, available to equity issuers listed on the London Stock Exchange’s AIM or Main Market that generate 50% or more of total annual revenues from products and services that contribute to the global green economy (drawing upon FTSE Russell’s Green Revenues Classification System (GRCS) which identifies green products and services across the whole value chain covering 10 green sectors, 64 subsectors and 133 micro sectors). More details about the Green Economy Mark can be found here. (Green Economy Mark | London Stock Exchange)
  • Display its securities on the Sustainable Bond Market (SBM) (the latest list of the securities on SBM found here Issuers and Instruments Specialist bonds Reports | London Stock Exchange), with its published ESG framework aligning with the below standards and described explicitly as doing so in a Second Party Opinion:
    • the ICMA Green Bond Principles 2021,
    • the Social Bond Principles 2021, and/or
    • the Sustainability-Linked Bond Principles 2020
    • or a more recent edition of each of the above principles

Each of the above requires a firm to have implemented a sustainability strategy at issuer level.

For additional transparency, the route through which the issuer has been provided the Sustainability Identifier is made clear on the TreasurySpring platform.

For avoidance of doubt, the Sustainability Identifier is provided for use by TreasurySpring and not issuers themselves.