Browse Skills social bonds

social bonds

ESCO reuse: sector-specific

A set of financial instruments that aim at raising capital for projects with positive social outcomes and that provide return on the investment upon the achievement of specific social policy goals. Social bonds are generally used to finance projects in areas such as affordable infrastructures, access to essential services, employment programmes, food security and sustainable food systems.

social bonds — a set of financial instruments that aim at raising capital for projects with positive social outcomes and that provide return on the investment upon the achievement of specific social policy goals. ESCO classifies it as a sector-specific (rooted in one industry) skill within knowledge.

Category: knowledge › finance, banking and insurance Also known as: social benefit bonds, pay-for-success financing, social impact bonds, pay-for-success bonds

Occupations that require social bonds

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Frequently asked questions

What is social bonds?

A set of financial instruments that aim at raising capital for projects with positive social outcomes and that provide return on the investment upon the achievement of specific social policy goals. Social bonds are generally used to finance projects in areas such as affordable infrastructures, access to essential services, employment programmes, food security and sustainable food systems.

What category of skill is social bonds?

ESCO classifies social bonds under the knowledge category, specifically in the finance, banking and insurance subcategory.

How transferable is social bonds between industries?

ESCO tags social bonds as a sector-specific (rooted in one industry) skill — a signal of how portable it is when you change field.

Is social bonds the same as social benefit bonds?

Yes — social bonds is also known as social benefit bonds, pay-for-success financing, social impact bonds, or pay-for-success bonds. They refer to the same underlying capability in the ESCO taxonomy.

How can I learn social bonds?

The most reliable path is to pick a job or project that demands social bonds and learn through delivery. Complement that with role-specific roadmaps and short courses. Explore the occupations below to see where this skill is used in practice.

Data: ESCO v1.2.1 (CC-BY-4.0). Durability framework informed by McKinsey Global Institute (Nov 2025). See our methodology.