Follow Us:

Sustainable Finance

Sustainable Finance

Integrated Advisory and Support

With its expertise spanning both the environment and finance sectors, CCA is able to offer a unique and bespoke service as a Green Finance Integrated Advisor. We are committed to support, promote and assist in the development of green finance in the region, whether this involves green bonds, green loans, green financial institutions, equities, or assisting project owners to develop investor-facing standards for green projects.

Solutions for Issuers

We help issuers to

  • formulate a green project selection process with evaluation criteria
  • establish management and control mechanisms for proceeds based on international standards
  • evaluate potential environmental benefits
  • conduct periodic reviews and compile performance reports

We help issuers to

  • evaluate against the green bond framework
  • Verify the project against a designated set of criteria e.g. Climate Bonds Initiative standards
  • conduct annual compliance reviews to ensure alignment with the Green Bond Framework
  • conduct an external review of project impacts

As an Approved Verifier of the London-based Climate Bonds Initiative (CBI) under its Climate Bonds Standard & Certification Scheme, CCA is qualified to provide climate bond verification services throughout Asia and in the sectors of solar energy, wind energy, geothermal energy, low carbon buildings and water infrastructure. Our verification provides assessment of the eligibility and readiness of related projects at the pre-issuance stage, as well as assurance of the actual use of proceeds and internal systems and controls at the post-issuance stage.

Solutions for Investors

Green finance is driven by investors, lenders and insurers who understand the financial advantages, market opportunities and reduced risks from climate-aware projects. Whether the investing is focused on equities, fixed income or specific projects, CCA can provide financial institutions with sustainable investment advisory in the Asian region to:

  • develop investment strategies
  • construct investment universes
  • conduct portfolio analysis
  • assess impacts and risk

CCA is among the few organizations in the green finance arena who have developed criteria to evaluate potential green investments against the full range of ESG issues set out in the United Nations Sustainable Development Goals (SDGs). This helps to ensure green projects operate in a way which does not run counter to any of the SDG targets. We can assess whether the projects make a positive contribution to the environment, human development, good governance and equitable growth in line with the commitments made by national governments to the UN goals.

Indices & Screening

When creating sustainable financial indices, CCA aims to fill observed market gaps and enabling the growth of the green finance market in Asia. CCA provides customized index solutions based on high-quality databases and proprietary methodologies. Each index is developed to tackle specific sustainability issues and uses screening and ranking to reward the best practitioners and to ensure high integrity.

Our Indices

Solactive CarbonCare Asia Sustainability Bond Index
The Solactive CarbonCare Asia Sustainability Bond Index is the first index of its kind to measure the growth of green, social and sustainability bonds in the Asia Pacific region.
Learn More
Solactive CarbonCare Asia Pacific Green REIT Index
The Solactive CarbonCare Asia Pacific Green REIT Index is the first of its kind to allow investors to identify companies which demonstrate strong sustainability performance and commitments to meet the carbon reduction targets set out in the Paris Climate Agreement.
Learn More

Featured Reports

Development of Green Bonds in Asia: Climate Contributions and Stakeholder Dynamics

The 2015 Paris Climate Agreement lays a solid foundation for mobilising the capital market for climate mitigation and adaptation actions. This can include a wide variety of funding sources, instruments and channels. Green bonds, as debt securities that finance or refinance environmental projects, have been growing rapidly and are recognised as one of the primary […]

03 Mar 2021 Learn more
Making Green Bonds Work – Social and Environmental Benefits at Community Level An Oxfam Hong Kong Report prepared by CCA

Green bonds are seen as an important tool to shift money flows to environmentally friendly projects, and to achieve the carbon reduction targets under the Paris Climate Agreement. In 2019 there were US$259 billion new issues in the global green bond market, and its growth in Asia Pacific has jumped by 29%. This is an […]

13 Aug 2020 Learn more
Finding Gold in All That Glitters – Exploring Sustainability Bonds in Asia Pacific Region

Green, social, and sustainability bonds in the Asia-Pacific market jointly reached USD 187 billion in 2019 and are expected to grow further. For sustainability-conscious international investors, there are two key challenges: the misalignment of expectation and standard-setting, and the expectation gap between the issuers’ use of proceeds and the quantifiable sustainability benefits achieved. In this […]

04 Mar 2020 Learn more

Solactive CarbonCare Asia Sustainability Bond Index

View Index Details

The Solactive CarbonCare Asia Sustainability Bond Index is the first index of its kind to measure the growth of green, social and sustainability bonds in the Asia Pacific region. Co-developed by CCA and the German index provider Solactive AG, this index was launched in December 2019 with the aim to accelerate the development of green bonds in the region and to enable investors to track the performance of Asia-Pacific bonds that can demonstrate high integrity and transparency in environmental and social contributions.

As a rules-based index, only bonds that are issued to contribute to environmental sustainability or to address social challenges with a positive impact in the region are eligible for inclusion. The eligible bonds are required to pass a two-layered screening by CCA in order to be included in the index. The screening is intended to examine the transparency standards of the bond issuers and ensure that the proceeds from the bond issuance are designated for projects that have significant positive outcomes. This screening by CCA is in line with international best practices under its proprietary Green and Social Taxonomy.

This index also aims to become a valuable tool for asset owners in managing their ESG mandates and to serve as a reference for the wider investment community.

As of August 2021, the index includes 182 bonds. The index is quoted in USD and calculated as a total return index.

Solactive CarbonCare Asia Sustainability Bond Index:

https://www.solactive.com/indices/?index=DE000SLA9ST6

Solactive CarbonCare Asia Pacific Green REIT Index

View Index Details

The property sector is responsible for approximately one-third of global greenhouse gas emissions and 40% of global energy consumption. This development drives growing interest from global real estate investors to integrate sustainability into their investment process. The Solactive CarbonCare Asia Pacific Green REIT Index is the first of its kind to close this gap and allow investors to identify companies which demonstrate strong sustainability performance and commitments to meet the carbon reduction targets set out in the Paris Climate Agreement.

Co-developed by Carbon Care Asia and Solactive, the Solactive CarbonCare Asia Pacific Green REIT Index was launched in Nov 2020. As many of the most precious properties in Asia Pacific are located in cities vulnerable to sea-level rise and extreme climatic events, the index serves as a valuable tool for investors to differentiate climate-conscious REITs which can protect their assets better from future shocks, from the rest of the pool.

It is a rules-based index and includes Asia Pacific REITs that own the highest percentage of green-certified buildings in their portfolio and which are committed to climate-aligned emissions reduction targets. Additionally, the index applies weights to reward best practices and industry climate leaders in the Asia Pacific region. The weighting methodology on securities is based upon a combination of factors such as the percentage of Certified Green Building Area owned; or a commitment to a Net Zero Emissions (NZE) target no later than 2050 or a Science-Based Target (SBT).

As of August 2021, the Solactive CarbonCare Asia Pacific Green REIT Index holds 60 REITs. The index is quoted in USD and calculated as a total return index.

Solactive CarbonCare Asia Pacific Green REIT Index:

 GTR: https://www.solactive.com/indices/?index=DE000SL0BUG7

 NTR: https://www.solactive.com/indices/?index=DE000SL0BUF9

 PR: https://www.solactive.com/indices/?index=DE000SL0BUE2