The role of the Advisory Council is to advise the Executive Committee, to increase its market awareness and outreach, and to enable further engagement with specific membership categories and observers.

Members apply voluntarily and are selected for an annually renewable 1 year term. The selection is based on a balanced representation of GBP SBP Members and Observers, especially key market stakeholders such as exchanges, service providers/rating agencies, external reviewers, and law firms, as well as civil society; geographic diversity; and market share and activity of green, social and sustainability bond issuers, investors or underwriters not already represented on the Executive Committee.

The Executive Committee has made a detailed review of the deliveries that came out from each workstream of the Advisory Council and acknowledged their high quality and professional substance in a letter addressed to the Advisory Council members on 8 June 2020.


The 2019/2020 Advisory Council includes 40 members:

Allianz Global Investors GmbH
Bank of China
CICERO Shades of Green AS
Climate Bonds Initiative
Deutsche Kreditbank
Escarus - TSKB Sustainability Consultancy
Export Development Canada
Fannie Mae
Financial Services Agency of Japan
Goldman Sachs Asset Management
Insight Investment Management
Institute for Global Environmental Strategies
Instituto de Crédito Oficial (ICO)
International Institute of Green Finance
Latham & Watkins LLP
London Stock Exchange
Luxembourg Stock Exchange
Moody’s & Vigeo
Morgan Stanley
National Australia Bank
PineBridge Investments LLC
RAM Sustainability
RBC Capital Markets
Social Value Institute
SynTao Green Finance
University of Cambridge Institute for Sustainability Leadership
Wells Fargo Asset Management
Westpac banking Corp.
White & Case LLP
YES Bank
Zhong Lun Law Firm

If you would like more information on applying or on the Terms of Reference of the Advisory Council, please contact

ICMA Zurich

T: +41 44 363 4222
Dreikönigstrasse 8
8002 Zurich
ICMA London

T: +44 20 7213 0310
110 Cannon Street
London EC4N 6EU
ICMA Paris

T: +33 1 70 17 64 72
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75008 Paris
ICMA Hong Kong

T: +852 2531 6592
Unit 3603, Tower 2
Lippo Centre
89 Queensway, Admiralty
Hong Kong
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