Australian Taxonomy-aligned Debt Guidance: Issuing use-of-proceeds debt

First of its kind guidance on applying the Australian Sustainable Finance Taxonomy to use-of-proceeds debt.

This guidance sets out how the Australian Sustainable Finance Taxonomy can be used to inform use-of-proceeds debt instruments including, but not limited to, bonds and loans. 

It provides practical direction to establish a common understanding between issuers, external reviewers and investors regarding the taxonomy’s application in use-of-proceeds issuances, supporting consistency and comparability in Australian sustainable debt markets. 

The guidance outlines: 

• how the Australian taxonomy can be applied to use-of-proceeds debt; 

• considerations for issuers, investors and external reviewers related to the application of taxonomy criteria; 

• the Australian taxonomy’s alignment with existing labelled debt standards and frameworks 

• how to disclose alignment against the Australian taxonomy in labelled use-of-proceeds issuances to support consistency and comparability across the market