Hood River, Oregon, May 29, 2024 – Climate Bonds Initiative today recognized Kestrel as the winner for Largest External Review Provider in Number of Deals in the 9th Climate Bonds Awards. Award announcements were made in a video, which will also be shown at the Climate Bonds Initiative Global Conference in London on October 24, 2024.

Kestrel became a Climate Bonds Initiative Approved Verifier in late 2017. Today, Kestrel is the market leader for external reviews on green, social and sustainability bonds in US Public Finance, helping to lead the transition to a low-carbon economy. Our firm also provides external reviews on corporate bonds, loans, and other types of debt, and verification of assets and entities for being transition-aligned.

“We have worked hard to help grow the market for green, social and sustainability bonds in the US. Many of our engagements finance best practices for climate change mitigation, resilience and adaptation. We also have a strong practice in verifying social bonds, which are critical to advancing the Just Transition. This means greening the economy in a way that is as fair and inclusive as possible, creating decent work opportunities and leaving no one behind,” said Monica Reid, CEO of Kestrel. “We appreciate that CBI has recognized the achievements and innovation delivered by the Kestrel Team.”

About Kestrel

Kestrel provides Sustainability Intelligence™ for municipal markets, helping to set the market standard for sustainable finance. Kestrel is a leading provider of external reviews for green, social and sustainability bond transactions and a Climate Bonds Initiative Approved Verifier. The company is qualified to evaluate corporate and municipal bonds, as well as the issuers, in all asset classes worldwide for conformance with international green and social bond standards. Kestrel also provides Sustainability Analysis and Scores of bonds in the US municipal market.