The Climate Bonds Inititive joins ResponsibleSteel™

The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy. Climate Bonds carries out market analysis, policy research, market development; advises governments and regulators; and administers a global green bond Standards and Certification Scheme. Please visit http://www.climatebonds.net. ”

“Transitioning to low carbon operations is one of several challenging, but unavoidable sustainability objectives for the global steel industry. ResponsibleSteel is taking a lead in supporting positive change in multiple companies across the sector. Climate Bonds Initiative is happy to join ResponsibleSteel and looks forward to working cooperatively in the future on sustainability projects.” said Sean Kidney, CEO, Climate Bonds

Matthew Wenban-Smith, Executive Director, ResponsibleSteel, said: We are excited to welcome the Climate Bonds Initiative as an Associate Member to ResponsibleSteel. Focusing on the investment and financing opportunities for the steel sector in the transition to a low-carbon economy is a priority for us as we continue to expand our work on our standard and certification programme and associated projects.”