Social Bond

About Social Bond

The Social Bond is a bond issued to raise funds for projects that help to resolve social issues (Social Projects), as defined by the ICMA (International Capital Market Association) in its Social Bond Principles*1, and are bonds targeted for ESG investment*2.
JASSO issues social bonds under the following framework, based on the Social Bond Principles defined by the ICMA.

*1 The Social Bond Principles are guidelines for voluntary measures established by the ICMA which aim to promote integrity in the Social Bond market.

*2 ESG investment refers to investment that focuses specifically on Environmental, Social and Governance factors.

JASSO bond as a “Social Bond”

A report on the impacts of JASSO Bonds (social bonds) has been prepared.

External Review

Since its 52nd bond issuance, Japan Student Services Organization receives a second-party opinion from Moody's ESG Solutions(Formerly known as Vigeo Eiris), one of the world’s leading ESG evaluating institutions based in France, every time it issues social bonds in order to ensure alignment with the Social Bond Principles released by ICMA.