Update no. 1: Global PSSL in Washington, DC
Global PSSL CIC has published its first follow-up paper from the October Washington, DC workshop, outlining findings from the ‘Green Bonds Under Opaque Loans’ review, commissioned by Nest Pensions on behalf of the Asset Owners Council [available here].
The paper confirms that several governance recommendations are already being implemented or discussed by asset owners and their custodian(s), while also identifying broader post-issuance challenges that link directly to the forthcoming Beyond Issuance Strategic Themes paper due later in December.
The workshop discussions reinforced that liquidity and efficiency remain essential, but must be matched by greater transparency to maintain credibility in the wider financial ecosystem and to support resilient, sustainable markets.
Insights from this work will now feed into early ABC Score™ testing in 2026 and inform a wider set of papers that Global PSSL will develop over the next year.
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Contact Information regarding this press release:
Dr Radek Stech: radek.stech@gpssl.org
About Global PSSL
Global Principles for Sustainable Securities Lending (Global PSSL) is the fundamental global mechanism for aligning securities lending with transparency and sustainable finance. It has been co-created by Dr Radek Stech, prominent asset owners, asset managers, sovereign wealth funds, banks, hedge funds other stakeholders committed to positive change since 2018. Global PSSL has received significant funding from the Economic and Social Research Council (ESRC), part of UK Research and Innovation, through the Sustainable Finance – Law – Stakeholders (SFLS) Network at Exeter Law School in addition to some financial assistance from some industry stakeholders. The ESRC grant request was designed based on earlier engagement with stakeholders shaping values-based banking, green bonds and sustainable project finance as well as continuous contact, research and discussions with staff from the World Bank (the official partner on the grant). In order to preserve its impartiality, the Global PSSL framework is based within its own independent community interest company.
