Welcome to the SLB Crew. We will be developing new Sustainability-Linked Bonds, to create strong incentives for companies to transition to more sustainable business practices.

Our Challenge:

  • Find (new) sustainability KPIs (Key Performance Indicators) that can be used in the structuring of sustainability linked bonds
  • How can satellite data help in measuring the KPIs to monitor the companies progress towards their SPTs (Sustainability Performance Targets) and as such use them in assessing if the company reached them

💎 Introduction

The financial services industry as a facilitator of global economic activity is among the most important industries to create a more sustainable future. As such it is key to align the financial service sector with our global sustainability goals as outlined among others by the UN Sustainable Development Goals. 

A key role of the financial sector in this effort is to help companies to drive sustainability in their activities and operations. One way to do this is to link the provision of financing to sustainability requirements. 

The bond market, which is the largest financing source for publicly listed companies, has several instruments that do exactly that, most notably Green Bonds and Sustainability-Linked Bonds. 

Green bonds are bonds that require the company to use the funds for sustainable projects, such as investing in renewable energy infrastructure. Sustainability-linked bonds on the other hand do not require the company to use the funds in a sustainable manner, but requires them to achieve certain sustainability targets. 

Sustainability-linked bonds have great potential across all industries for driving companies sustainability practices, and incentivise them to achieve their sustainability goals and are therefore an important instrument in creating a more sustainable future.

🛰️ EU space technologies

We will be using Copernicus satellite data to identify and measure new sustainability KPIs that can be used as a strong basis for the structuring of new sustainabiltiy-linked bonds.

🏦 Space for the Financial World

# Challenge 1 - Enabling Green and Sustainable Investments

🤼 Team

Tell us who is in your team, what role they have (e.g. coder/designer), and a 1-2 sentence bio.