Bloomberg GSS Bond Index Named ‘Index of the Year’ in Environmental Finance Sustainable Debt Awards 2024
April 08, 2024
Bloomberg is honored to announce the Bloomberg Global Aggregate Green, Social and Sustainability (GSS) Bond Index was recognized as ‘Index of the Year’ in the 2024 Environmental Finance Sustainable Debt Awards.
“The Bloomberg Green, Social, and Sustainability (GSS) Bond Index raises the bar, setting a new standard for transparency and timeliness as a benchmark of the global sustainable debt market,” said Jonathan Gardiner, Sustainable Indices Product Manager, Bloomberg Index Services Limited. “Based on the market-leading Bloomberg Global Aggregate Index and incorporating Bloomberg’s rigorously evaluated sustainable debt indicators, the Bloomberg GSS index is the benchmark of choice for investors seeking the most current and accurate reflection of this rapidly growing market.”
As ‘Index of the Year,’ the Bloomberg GSS Bond Index is recognized for providing a robust and accurate exposure to the sustainable debt market. The index is based on Bloomberg’s flagship Global Aggregate index, but for the first time incorporates sustainable debt fields curated by Bloomberg’s dedicated ESG data team. Inclusion criteria for the index is also based on alignment to the International Capital Market Association (ICMA) Green Bond, Social Bond and Sustainability Bond Principles and Guidelines. Additional research and engagement with issuers by the Bloomberg ESG data team ensure that new issues are not only tagged appropriately but included in the index in a timely manner ahead of monthly rebalancing. This process affords clients seamless integration across Bloomberg’s fixed income analytical suite, as well as additional Terminal functions, to meet the varied needs of the investment community exploring this growing market.
After launching with 24 indices, the GSS bond index family has already grown to more than 70 indices through a series of specific sector, maturity and currency focused indices. The index has sparked further innovation within Bloomberg’s Sustainable Indices lineup including the innovative green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg’s flagship indices such as the Global Aggregate, Treasury and Corporate Indices.
The annual Sustainable Debt Awards, formerly known as the Environmental Finance Bond Awards, celebrates the leading green, social, sustainable, and sustainability-linked bond and loan deals, and recognizes market innovations. Winners are selected by an independent panel of judges. The full list of winners is available here.
Bloomberg clients can access the available indices on the Bloomberg Terminal and all research and methodology for the indices is available at Bloombergindices.com.
About Bloomberg Index Services Limited
Bloomberg’s index team has a proven track record in creating industry leading and bespoke indices across asset classes, including best in class fixed income and commodity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers’ products.
About Bloomberg
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