June 2020 — Social Bonds are use of proceeds bonds that raise funds for new and existing projects with positive social outcomes. The Social Bond Principles (SBP), updated as of June 2020, promote integrity in the Social Bond market through guidelines that recommend transparency, disclosure, and reporting. They are intended for use by market participants and are designed to drive the provision of information needed to increase capital allocation to social projects. Read more.
https://www.icmagroup.org/sustainable-finance/the-principles-guidelines-and-handbooks/social-bond-principles-sbp/