Sustainability Profile: World Bank Sustainable Development Bond

The World Bank recently issued their first set of bonds linked directly to companies advancing the Sustainable Development Goals. This set of 17 global development priorities was formulated by a global coalition of countries to end poverty, protect the planet, and ensure prosperity for all, and include specific targets to be achieved by 2030.

The bonds raised a total of EUR163 million from institutional investors in France and Italy, and were arranged by BNP Paribas. Returns on the bonds are linked to the stock performance of the 50 companies in the Solactive Sustainable Development Goals World Index. These are companies that dedicate at least one fifth of their activities to sustainable products or are recognized leaders in their industries on socially and environmentally sustainable issues, as determined by ESG research expert Vigeo Eiris. The bonds are backed by the World Bank’s AAA credit rating.

The proceeds of the bonds will be used to finance World Bank projects that contribute to eliminating extreme poverty and boosting shared prosperity. A sample project provides access to healthcare to rural communities in Panama. The bonds allow the World Bank to leverage capital markets to expand its work towards achieving the Sustainable Development Goals.


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This is not an offer to sell any type of security, and there is no investment currently available through Abacus, which would allow someone to invest in funds mentioned in the above article. Abacus Wealth Partners is the General Partner of Abacus Impact Fund 2013, LP, a fund of funds that ultimately has an interest in funds mentioned in the above article. The information presented in the “Sustainability Profile” is to provide additional qualitative reporting to Abacus clients who own Abacus Impact Fund 2013, LP, as well as to help educate Abacus clients about impact investing.

This information is provided for educational purposes only and should not be considered investment advice or a solicitation to buy or sell this security. This newsletter contains general information that is not suitable for everyone. The information contained herein should not be construed as personalized investment advice. Information was based on sources we deem to be reliable, but we make no representations as to its accuracy. Past performance is no guarantee of future results. There is no guarantee that the views and opinions expressed in this newsletter will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Information related to the firm’s performance is based on pure model portfolios only and is net of fees. Certain clients may have holdings that deviate from the model and as such individual client performance may be different than the results presented herein.

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