This site uses cookies that are set on your browser to optimize functionality and give you the best possible experience. To learn more about cookies and how we use them, please see our Privacy Notice (available here).

  • Home
  • About IFC
    • IFC Governance
    • Leadership
    • Investor Relations
    • Where We Work
      • East Asia & the Pacific
      • Europe & Central Asia
      • Latin America & the Caribbean
      • Middle East & North Africa
      • South Asia
      • Sub-Saharan Africa
      • Western Europe
    • Partnerships
    • Development Impact
    • IFC History
    • Awards
  • Solutions
    • Expertise
      • Agribusiness & Forestry
      • Financial Institutions
      • Funds
      • Health
      • Education
      • Infrastructure
      • Manufacturing
      • Public-Private Partnerships
      • Tourism, Retail & Property
      • Venture Capital
    • Products & Services
      • Loans
      • Equity
      • Trade & Supply-Chain Finance
      • Syndications
      • Treasury Client Solutions
      • Blended Finance
      • Advisory
      • Asset Management
  • Thematic Areas
    • Working Upstream
    • Gender
    • Climate Business
    • Fragile & Conflict Affected Situations
    • Inclusive Business
  • Projects
  • Accountability
  • Sustainability
    • Sustainable Markets
    • The Business Case
    • Resources for Companies
    • Policies and Standards
    • Corporate Governance
    • Corporate Responsibility
  • News
    • All News
      • Stories of Impact
      • IFC Insights
      • Creating Markets
    • COVID-19
    • Podcasts
    • Pressroom
    • Media Contacts
  • Resources
    • Annual Report
    • Thought Leadership
    • CPSDs
  • Contacts
  • Home
  • About IFC

    About IFC

    back
    • Overview
    • IFC Governance
    • Leadership
    • Investor Relations
    • Where We Work

      Where We Work

      back
      • Overview
      • East Asia & the Pacific
      • Europe & Central Asia
      • Latin America & the Caribbean
      • Middle East & North Africa
      • South Asia
      • Sub-Saharan Africa
      • Western Europe
    • Partnerships
    • Development Impact
    • IFC History
    • Awards
  • Solutions

    Solutions

    back
    • Overview
    • Expertise

      Expertise

      back
      • Overview
      • Agribusiness & Forestry
      • Financial Institutions
      • Funds
      • Health
      • Education
      • Infrastructure
      • Manufacturing
      • Public-Private Partnerships
      • Tourism, Retail & Property
      • Venture Capital
    • Products & Services

      Products & Services

      back
      • Overview
      • Loans
      • Equity
      • Trade & Supply-Chain Finance
      • Syndications
      • Treasury Client Solutions
      • Blended Finance
      • Advisory
      • Asset Management
  • Thematic Areas

    Thematic Areas

    back
    • Overview
    • Working Upstream
    • Gender
    • Climate Business
    • Fragile & Conflict Affected Situations
    • Inclusive Business
  • Projects
  • Accountability
  • Sustainability

    Sustainability

    back
    • Overview
    • Sustainable Markets
    • The Business Case
    • Resources for Companies
    • E&S Policies and Standards
    • Corporate Governance
    • Corporate Responsibility
  • News

    News

    back
    • Overview
    • All News

      All News

      back
      • Overview
      • Stories of Impact
      • IFC Insights
      • Creating Markets
    • COVID-19
    • Podcasts
    • Pressroom
    • Media Contacts
  • Resources

    Resources

    back
    • All Publications
    • Annual Report
    • Thought Leadership
    • CPSDs
  • Contacts
  • Follow Us on Social Media!

Menu
logo
عربي 简体中文 Français 日本語 Português Русский Español
  • About IFC  
  • Investor Relations  
  • Products
  •   About IFC

Social Bonds

  • IFC Governance
  • Articles of Agreement
  • Investor Relations
  • Our Funding
  • Products
  • Investor Information
  • Leadership
  • Accountability
  • Where We Work
  • Partnerships
  • Development Partners & Foundations
  • IFC History
Explore
  • IFC Governance
  • Articles of Agreement
  • Investor Relations
  • Our Funding
  • Products
  • Investor Information
  • Leadership
  • Accountability
  • Where We Work
  • Partnerships
efe7d92f-4fe0-4e89-9a33-b2c211b6a3a5_div

The launch of the Sustainable Development Goals (SDGs) by the United Nations in 2016 has brought the world together on a mission to end poverty, fight inequality, and tackle climate change. Meanwhile, a bond market aimed at financing projects with social issues has emerged and deepened, supported by a growing number of investors who have begun to embed Environmental, Social, and Governance (ESG) standards into their investment decisions.

IFC’s Social Bond Program, launched in 2017, offers bond investors an opportunity to allocate investments to the achievement of certain SDGs without any additional credit risk than that of IFC as a triple-A rated issuer. Proceeds from the bonds go towards financing select projects from IFC’s Banking on Women and Inclusive Business programs, which benefit under-served populations in emerging markets including women and low-income communities with limited access to essential services such as basic infrastructure, finance etc.

IFC is a frequent issuer of social bonds in public and private markets, in various currencies and tenors. The Social Bond Program aligns with the Social Bond Principles published by the International Capital Market Association (ICMA).

IFC Social Bonds Process

 

IFC Cumulative Social Bond Issuance

(as of June 30th, 2020)

  • $3.072 BILLIONIN VOLUME
  • 39SOCIAL BONDSISSUED

IFC Cumulative Social Bond Issuance by Currency (as of June 30th, 2020):

Social Bonds: Financial return, Social return
A quick video introduction to IFC’s Social Bond Program (2.5 minutes)

Program Material 

  • Social Bond Impact Reports
  • Social Bond Factsheet
  • Social Impact Note Factsheet

Press Releases

  • IFC’s First Kangaroo Social Bond Raises 300 million AUD to Support Women Entrepreneurs and Financial Inclusion

Publications

  • Social Bonds Can Help Mitigate the Economic and Social Effects of the COVID-19 Crisis
  • Social Bonds for COVID-19 Illustrative Case Study
  • Green & Social Bonds: A High-Level Mapping to the SDGs
  • Harmonized Framework for Impact Reporting for Social Bonds

Useful Links

  • Social Bond Principles
  • Banking on Women
  • Inclusive Business
  • IFC's Alignment with the SDGs

 

  • © 2021 IFC

  • User Agreement
  • Personal Data Privacy Policy
  • Scam Warning
  • General Inquiry
  • Quick Links

  • For Clients
  • For Investors
  • For Media
  • For Stakeholders
  • For Job Seekers
  • Accountability

  • Our Approach
  • Disclosed Projects
  • Compliance Advisor Ombudsman
  • Independent Evaluation Group
  • Follow Us on Social Media!

  • World Bank Group logo
  • IBRD
  • IDA
  • IFC
  • MIGA
  • ICSID