KPMG Hungary becomes 'approved verifier' of green bonds

Banking

The local firm of consultancy KPMG on Tuesday said it has been certified an "approved verifier" of green securities under the "Climate Bonds Standard" by the Climate Bonds Initiative, according to a report by state news wire MTI.

"Investors greatly appreciate those organizations that certify their operations with standards based on transparent, ambitious criteria," KPMG partner in charge of ESG Ágnes Rakó said.

The first green corporate bond in Hungary was issued less than two years ago.

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