September 2019 – Green, Social and Sustainability Bonds

LBBW ‘fully-fledged’ with social debut, ISS judges SDG impact

30 September 2019

Landesbank Baden-Württemberg inaugurated a social bond framework on 19 September, bringing its total sustainable bond issuance including green bonds to €3.7bn with a €500m senior non-preferred trade. The debut is the first social bond to be assessed against new ISS-oekom ESG KPIs for their contribution to related SDGs.

SMN debuts as green traction reflected in upgrade

18 September 2019

SpareBank 1 SMN inaugurated its green bond framework on 4 September with a EUR500m seven year senior preferred issue soon after it received an improved ESG rating from Sustainalytics, with its fisheries-related element welcomed by the Marine Stewardship Council.

Featured

BNG bonds help power Dutch social, climate ambitions

Housing and climate are high on the political agenda in the Netherlands, and, as the “financial engine” of the public sector, BNG Bank’s ESG bond issuance is both reflecting and supporting these and other societal goals. BNG’s Rob Schreppers, Sydney Siahaija and Koen Westdijk spoke to Sustainabonds’ Neil Day about its impactful and innovative lending, global trends driving market dynamics, and the strategy behind its growing social and sustainable issuance.