green, social & sustainability bonds

independent, science-based assessments for greater transparency

We provide independent, science-based Second Party Opinions on green, social and sustainability bonds. We work around the globe.

Since 2021, we have been the market leader for Second Party Opinions and reporting on municipal bonds. We are committed to ensuring smooth deal execution, integrating seamlessly into your process.

we offer second party opinions on:

– US public finance - all sectors
– asset-backed securities
– project finance
– issuers
– assets
– programs
– corporate bonds
– frameworks
– national and supranational bonds

market leader for verified green, social, and sustainability bonds in US public finance

+73B

Par verified

70%

market share by par of external reviews in US public finance in Q4 2024

300+

Second Party Opinions and reviews completed to date

See Our List of External Reviews

an agile team at your disposal

The Kestrel team is helpful and responsive.

second party opinions

Second Party Opinions lay out exactly how and why the bonds align with industry standards for sustainable finance and resilience.

certified climate bonds

Kestrel is a Climate Bonds Initiative Approved Verifier with worldwide accreditation.

reporting

We can help you design and implement a no-stress approach to meaningful reporting. Learn more.