Membership

                                                                                  



The principles are designed to be industry wide, thus Green, Social and Sustainability Bond issuers and investors as well as banks are invited to apply for membership.

Membership is open to organisations that have issued, underwritten or placed, or invested in a Green, Social or Sustainability Bond.

Observers can be organisations that are active in the field of green and/or social or sustainability finance but do not qualify as Members, such as but not limited to NGOs, Universities, auditors, and service providers. For more information on the respective role of Members and Observers, please see the Governance Framework.

To be admitted as a Member or as an Observer, an organisation may apply in writing to the Secretariat via greenbonds@icmagroup.org, socialbonds@icmagroup.org, sustainabilitybonds@icmagroup.org. Applications are subject to approval.

Download membership application form

An annual voluntary contribution of €10,000 is sought from all registered Members and Observers of the Principles who are not fee-paying members of the International Capital Market Association (ICMA) to assist in covering the costs incurred in the management, administration and development of the Principles, in addition to providing enhanced services. This financial contribution is not applicable to non-profit organisations, such as NGOs.



List of members

Organisation Type GBP SBP membership category Country
1919 Investment Counsel Investment firm Member investor US
ABN AMRO Bank NV Bank Member underwriter The Netherlands
ABN AMRO Investment Solutions Investment firm Member investor France
ACTIAM NV Investment firm Member investor The Netherlands
Addenda Capital, Inc. Investment firm Member investor Canada
Affirmative Investment Management Investment firm Member investor UK
African Development Bank Financial institution Member issuer International
Agence Française de Développement Financial institution Member issuer France
Agence France Trésor on behalf of Republic of France Sovereign Member issuer France
Agricultural Bank of China Ltd. Bank Member issuer China
Alliance to Save Energy NGO Observer US
Allianz Global GmbH Investment firm Member investor Germany
Amundi Asset Management Investment firm Member investor France
ANALISTAS FINANCIEROS INTERNACIONALES Service provider Observer Spain
ASEAN Capital Markets Forum (ACMF) Public sector Observer Malaysia
Ashurst (HK office) Law firm Observer China
Asian Development Bank Financial institution Member issuer International
ATP Investment firm Observer Denmark
Australia and New Zealand Banking Group Limited Bank Member underwriter Australia
AXA IM Paris Investment firm Member investor France
Axis Bank Bank Member underwriter India
Banca IMI Bank Member underwriter Italy
Banco Nacional de Obras y Servicios Públicos, S.N.C., Institución de Banca de Desarrollo (BANOBRAS) Financial institution Member issuer Mexico
Banco Santander Bank Member underwriter Spain
Bank of America Merrill Lynch Bank Member underwriter US
Bank of China Limited Bank Member issuer UK
Bank of Montreal (BMO) Bank Member underwriter Canada
BANKIA SA Bank Member underwriter Spain
BankTrack NGO Observer The Netherlands
Banque Ouest Africaine de Développement Financial institution Observer Africa
Barclays Bank Member underwriter UK
Bayerische Landesbank Bank Member underwriter Germany
BBVA Bank Member underwriter Spain
Belfius Bank Bank Member underwriter Belgium
Berlin Hyp AG Bank Member issuer Germany
Beyond Ratings Service provider Observer France
Bilanciarsi Value Srls Service provider Observer Italy
BlackRock Investment firm Member investor US
Bloomberg Financial data provider Observer US
Blue Morpho Investments Zrt. Investment firm Member investor Hungary
BMO Global Asset Management Investment firm Member investor UK
BNG Bank Bank Member issuer The Netherlands
BNP Paribas Bank Member underwriter France
BNP Paribas Investment Partners Investment firm Member investor France
BNY Mellon Corporate Trust Bank Observer UK
BondNews Limited (trading as KangaNews) Media Observer Australia
Borden Ladner Gervais LLP Law firm Observer Canada
Breckinridge Capital Advisors, Inc. Investment advisor Member investor US
British Columbia Investment Management Corporation Investment firm Member investor Canada
Brown Advisory LLC Investment firm Member investor US
Build America Mutual Assurance Co. Financial guaranty insurer Observer US
Caisse des dépôts et consignations Public institution Member issuer France
Caisse Française de Financement Local Financial institution Observer France
Caixa Bank S.A. Bank Member underwriter Spain
Caja Rural de Navarra Bank Member issuer Spain
California State Teachers' Retirement System Investment firm Member investor US
Candriam Member Investors Group Investment firm Member investor Luxembourg
Carbone 4 Service provider Observer France
Casgrain & Company Limited Investment firm Member underwriter Canada
CastleOak Securities, L.P. Investment firm Member underwriter US
Cecabank Bank Observer Spain
CECEP Hundred Technical Service (Beijing) Co.,Ltd Service provider Observer China
Ceres NGO Observer US
China Chengxin Credit Management Co., Ltd. Rating agency Observer China
China Lianhe Credit Rating Co., Ltd. Rating agency Observer China
China Lianhe Equator Environmental Impact Assessment Audit firm Observer China
CIBC World Markets Inc. Bank Member underwriter Canada
CICERO Center for International Climate Research Service provider Observer Norway
Citi Bank Member underwriter US
CleanSource Capital LLC Service provider Observer US
Clifford Chance Law firm Observer UK
Climate Action Reserve NGO Observer US
Climate Bonds Initiative NGO Observer UK
CM-CIC Asset Management Investment firm Member investor France
CM-CIC Securities Investment firm Member underwriter France
CMS Francis Lefebvre Avocats Law firm Observer France
Commerzbank Bank Member underwriter Germany
Commonwealth of Massachusetts Public institution Member issuer US
Council of Europe Development Bank Financial institution Member issuer International
Crédit Agricole - CIB Bank Member underwriter France
Credit Suisse AG Bank Member underwriter Switzerland
Daiwa Capital Markets Europe Ltd Bank Member underwriter UK
Danske Bank Bank Member underwriter Denmark
DekaBank Deutsche Girozentrale Bank Member underwriter Germany
Deloitte Touche Tohmatsu Limited Audit firm Observer US
Dentons Law firm Observer Canada
Deutsche Bank AG Bank Member underwriter Germany
Deutsche Hypothekenbank (Actien-Gesellschaft) Bank Member issuer Germany
Deutsche Kreditbank AG Bank Member issuer Germany
Development Bank of Japan Inc. Financial institution Member issuer Japan
District of Columbia Water and Sewer Authority ('DC WATER') Utility Member issuer US
DNB Bank Member underwriter Norway
DNV GL Ltd Service provider Observer UK
DZ Bank Bank Member underwriter Germany
E. Öhman J:or Fonder AB Investment firm Member investor Sweden
eco-Options Energy Cooperative Service provider Observer Canada
EDF Corporate Member issuer France
Efinovia General Partner Investment firm Observer Luxembourg
Emprendimiento Sostenible ES, S.R.L Service provider Observer Dominican Republic
Enel SpA Corporate Member issuer Italy
Engie Corporate Member issuer France
Ernst & Young LLP Audit firm Observer UK
Erste Asset Management Investment firm Member investor Austria
Escarus - TSKB Sustainability Consultancy Service provider Observer Turkey
Euroclear Bank Market infrastructure Observer Belgium
EuroMTS Ltd Market infrastructure Observer UK
EURONEXT PARIS SA Market infrastructure Observer France
European Bank of Reconstruction and Development Financial institution Member issuer International
European Investment Bank Financial institution Member issuer International
European Stability Mechanism Financial institution Observer International
Everence Investment firm Member investor US
Exeter Law School University Observer UK
Fannie Mae Financial institution Member issuer US
Fitch Ratings Rating agency Observer UK
FMO Financial institution Member issuer The Netherlands
Folksam Insurance company Member investor Sweden
Freshfields Bruckhaus Deringer LLP Law firm Observer UK
Fundación Vida Silvestre Argentina (FVSA) NGO Observer Argentina
GCA Capital Partners Service provider Observer Nigeria
Generation Investment Management LLP Investment firm Member investor UK
GeoCapita Service provider Observer International
GHG Experts Network (dba GHG Management Institute) Service provider Observer US
Global Infrastructure Basel Foundation Service provider Observer Switzerland
Goldman Sachs International Bank Member underwriter UK
Green Finance Committee of the China Society for Finance and Banking (under the People's Bank of China) NGO Observer China
Green Investment Bank Bank Observer UK
Green Tick Certification Limited Service provider Observer Australia
GreenWish Partners Service provider Observer France
GRESB B.V. Service provider Observer The Netherlands
Handelsbanken Capital Markets Bank Member underwriter Sweden
Hannon Armstrong Sustainable Infrastructure (HASI) Investment firm Member issuer US
HASB Global Franchise Finance Alliance, LLC Service provider Observer US
HEC Paris University Observer France
Herbert J Sims & Co, Inc Investment firm Observer US
HM Treasury Public sector Observer UK
Hogan Lovells International LLP Law firm Observer UK
Hong Kong Investment Funds Association Association Observer China
Hong Kong Quality Assurance Agency Service provider Observer China
HSBC Bank plc Bank Member underwriter UK
Humanis gestion d'Actifs Investment firm Member investor France
Hypo Vorarlberg Bank Bank Member issuer Austria
I CARE ENVIRONNEMENT Service provider Observer France
Impact Investment Exchange Ltd Service provider Observer Singapore
Imperial College Business School University Observer UK
Incapital LLC Investment firm Member underwriter US
ING Bank NV Bank Member issuer The Netherlands
Institute for Global Environmental Strategies Think tank Observer Japan
Institutional Shareholder Services Inc. (ISS) Service provider Observer US
Instituto de Crédito Oficial (ICO) Bank Member issuer Spain
International Finance Corporation Financial institution Member issuer International
International Institute for Sustainable Development - Europe Think tank Observer International
International Union for Conservation of Nature (IUCN) - NL NGO Observer The Netherlands
Investec Bank plc Bank Member underwriter UK
Investing for Good CIC Ltd Investment firm Observer UK
INVESTINGREEN.ENERGY Service provider Observer UK
ISS-oekom AG Service provider Observer Germany
J.P. Morgan Bank Member underwriter US
Janney Montgomery Scott LLC Investment firm Member underwriter US
Japan Credit Rating Agency Rating agency Observer Japan
Japan Quality Assurance Organization Service provider Observer Japan
Japan Research Institute Think tank Observer Japan
Japan Securities Dealers Association Association Observer Japan
Jefferies International Ltd Investment firm Member underwriter UK
Jupiter Asset Management Limited Investment firm Member investor UK
KBC Bank NV Bank Member underwriter Belgium
KBN KOMMUNALBANKEN Public institution Member issuer Norway
KfW Bank Member investor Germany
King & Wood Mallesons LLP Law firm Observer UK
KommuneKredit Financial institution Member issuer Denmark
Kommuninvest i Sverige AB Public institution Member issuer Sweden
KPMG LLP Audit firm Observer UK
Kredietrust Luxembourg Investment firm Observer Luxembourg
LA FRANÇAISE GROUP Investment firm Member investor France
Latham & Watkins LLP Law firm Observer UK
LBBW (Landesbank Baden-Württemberg) Bank Member underwriter Germany
LCH Ltd Market infrastructure Observer UK
LGT Capital Partners Ltd. Investment firm Member investor Switzerland
Linklaters LLP Law firm Observer UK
Lloyds Bank Plc Bank Member underwriter UK
London Stock Exchange Market infrastructure Observer UK
Ludovino Lopes, Ricci e Santos Advogados Law firm Observer Brazil
Luxembourg Stock Exchange Market infrastructure Observer Luxembourg
M&G Investments Investment firm Member investor UK
Main Street Partners Ltd Investment advisor Member investor UK
Massachusetts Bay Transportation Authority Public institution Member issuer US
Mikro Kapital Sarl Securitization fund Observer Luxembourg
Ministry of Environment, Energy and the sea Public sector Observer France
Mirova Investment firm Member investor France
Mitsubishi UFJ Morgan Stanley Securities Co Investment firm Member underwriter Japan
Mizuho International plc Bank Member underwriter UK
Moody's Corp Rating agency Observer US
Morgan Stanley Bank Member underwriter UK
Morrison & Foerster LLP Law firm Observer US
MUFG Securities EMEA plc Bank Member underwriter UK
Municipality Finance Plc Public institution Member issuer Finland
Nasdaq Stockholm AB Market infrastructure Observer Sweden
National Australia Bank Ltd Bank Member underwriter Australia
National Bank Financial Bank Member underwriter Canada
National Treasury Management Agency Public sector Observer Ireland
Natixis Bank Member underwriter France
Nederlandse Waterschapsbank N.V. (NWB Bank) Bank Member issuer The Netherlands
Nikko Asset Management Investment firm Member investor US
NN Investment Partners Holdings NV Investment firm Member investor The Netherlands
Nomura International Plc Bank Member underwriter UK
Norddeutsche Landesbank Bank Member underwriter Germany
Nordea Bank Finland Oyj Bank Member underwriter Finland
Nordic Investment Bank Financial institution Member issuer International
Novethic NGO Observer France
NRW.BANK Public institution Member issuer Germany
OFI ASSET MANAGEMENT Investment firm Member investor France
OFI GLOBAL INSTITUTIONAL, INC Investment firm Member investor US
Overseas Private Investment Corporation Public institution Member issuer US
Pacific Risk Advisors Ltd Service provider Observer China
PGGM Vermogensbeheer B.V. (PGGM Investment Management) Investment firm Member investor The Netherlands
PIMCO Europe Ltd Investment firm Member investor UK
Piper Jaffray & Co Bank Member underwriter US
PNC Capital Markets LLC Investment firm Member underwriter US
PricewaterhouseCoopers Audit firm Observer US
Province of Ontario Public institution Member issuer Canada
Province of Quebec Public institution Member issuer Canada
Rabobank Bank Member underwriter The Netherlands
Raiffeisen Bank International AG (RBI) Bank Member underwriter Austria
Raiffeisen Capital Management Investment firm Member investor Austria
RAM Consultancy Service provider Observer Malaysia
Rating and Investment Information, Inc. Rating agency Observer Japan
RBC Europe Ltd Bank Member underwriter UK
Reed Smith LLP (Singapore office) Law firm Observer UK
Region Ile-de-France Territorial collectivity Member issuer France
Renovate America, Inc Corporate Member issuer US
Research Center for Climate and Energy Finance Think tank Observer China
Research Institute for Environmental Finance Think tank Observer Japan
Revalue.io Investor Confidence Project Developer Observer US
rfu (Reinhard Friesenbichler Unternehmensberatung / Business Consulting) Service provider Observer Austria
Ricardo-AEA Service provider Observer UK
Royal Bank of Scotland (trading as NatWest Markets) Bank Member underwriter UK
S&P DOW JONES INDICES Service provider Observer UK
S&P Global Rating agency Observer UK
Sage Advisory Services Ltd Co Investment firm Member investor US
Scotiabank Europe plc Bank Member underwriter UK
SEB Investment Management AB Investment firm Member investor Norway
Shanghai Clearing House Market infrastructure Observer China
Shanghai Stock Exchange (SSE) Market infrastructure Observer China
Shinsei International Limited Investment firm Member underwriter UK
Skandinaviska Enskilda Banken AB Bank Member underwriter Sweden
SMBC Nikko Capital Markets Limited Bank Member underwriter UK
Smith School of Enterprise and the Environment - Oxford University University Observer UK
SNCF Réseau Corporate Member issuer France
Social Stock Exchange Ltd. Market infrastructure Observer UK
Social Value Institute SC Service provider Observer Mexico
Société Générale CIB Bank Member underwriter France
South Pole Service provider Observer Switzerland
Standard Chartered Plc Bank Member underwriter UK
Standard Ethics Ltd Rating agency Observer UK
Standish Mellon Asset Management Investment firm Member investor US
State Street Global Advisors Investment firm Member investor UK
Stichting Obligatiehoudersbelangen Market infrastructure Observer The Netherlands
Stifel, Nicolaus & Company, Incorporated Investment firm Member underwriter US
Stockholm Environment Institute Service provider Observer Sweden
Storebrand Asset Management Investment firm Member investor Sweden
SUST4IN Service provider Observer Spain
Sustainalytics B.V Service provider Observer The Netherlands
Swedbank AB Bank Member underwriter Sweden
Swiss Re Reinsurance company Member investor Switzerland
Symbiotics Group Investment firm Observer Switzerland
SynTao Green Finance Co., Ltd. Service provider Observer China
The Carbon Trust Service provider Observer UK
The Climate Trust NGO Observer US
The Investment Association Association Observer UK
The Nature Conservancy NGO Observer US
The Pension Boards United Church of Christ, Inc. Investment firm Member investor US
THE ROCK AND PARTNERS Law firm Observer Nigeria
Thomson Reuters Corp Financial data provider Observer UK
Threadneedle Asset Management Limited Investment firm Observer UK
TIAA Investments Investment firm Member investor US
Tianjin Green Supply Chain Service Center Service provider Observer China
Toronto-Dominion Bank Bank Member issuer Canada
UBS Bank Member underwriter UK
UN Climate Change Secretariat (UNFCCC) NGO Observer International
Unibail-Rodamco Corporate Member issuer France
UniCredit Bank Member underwriter Germany
Unilever Corporate Member issuer UK
Union Investment Privatfonds GmbH Investment firm Member investor Germany
United Nations - supported Principles for Responsible Investment (PRI) NGO Observer UK
Vigeo Eiris Service provider Observer France
Wasmer, Schroeder & Company Investment advisor Member investor US
Wells Fargo Bank N.A. Bank Member underwriter US
Westpac Bank Member underwriter Australia
White & Case Law firm Observer UK
World Bank Financial institution Member issuer International
World Resources Institute Think tank Observer US
World Wide Fund for Nature (WWF) NGO Observer Switzerland
Yale University University Observer US
YES BANK Ltd Bank Member issuer India
YPE - Yser Participações Energia, S.A. Service provider Observer Brazil
Zhong Lun Law Firm Law firm Observer China
Zurich Insurance Group Insurance company Member investor Switzerland