Indicate whether you encourage transparency and disclosure relating to the issuance of themed bonds as per the Green Bonds Principles, Social Bond Principles, or Sustainability Bond Guidelines..
Describe the actions you take when issuers do not disburse bond proceeds as described in the offering documents.
If a company does not distribute bond proceeds in accordance with the terms outlined in the bond documentation we will ask them to explain why this has happened. If the company does not provide a credible explanation, we will divest our holding in the bond and inform the company about the action we have taken.
Additional information. [Optional]