Obbligazioni sostenibili: Green Social e Sustainability Bond | CDP

Green, Social and Sustainability Bonds

Combining the typical security of CDP bonds with the promotion of sustainable development in our country.

CDP as responsible issuer

CDP’s commitment to sustainability comes from the specific nature of its business. In line with its role as National Promotional Institution, CDP’s strategic approach to sustainability aims to contribute to the achievement of the 17 United Nations Sustainable Development Goals, adhering to international standards and best practices.

CDP recognises the importance of its role in supporting sustainability and continues to operate by strengthening its commitment to sustainable finance tools, in line with social, environmental and governance standards.

 

CDP Green, Social and Sustainability Bond Framework

In line with the priority themes of sustainable development identified by the Group, CDP published the  Green, Social and Sustainability Bond Framework (the CDP Framework). This is in accordance with the Green Bond Principles, the Social Bond Principles and the Sustainability Bond Guidelines, published by the International Capital Market Association (ICMA) in June 2018.

These initiatives have enabled CDP to reach a wider audience of investors, including Socially Responsible Investors (SRIs), who are particularly interested in investments which are able to deliver added social and environmental value.

 

Three types of bonds    

As specified the second on “Use of Proceeds” in its Framework, CDP can issue the following three types of bonds:

  •     Social Bond: to finance or refinance, in whole or in part, new or existing social initiatives
  •     Green Bond: to finance or refinance, in whole or in part, new or existing green initiatives
  •     Sustainability Bond: to finance or refinance, in whole or in part, new or existing social and green initiatives

 

Investment Categories

The proceeds of each Green, Social or Sustainability Bonds issued by CDP will be used to finance investments which fall under the categories listed below, with the aim of supporting the achievement of the United Nations Sustainable Development Goals.

Investment categories:

  •     Infrastructure and development of cities
  •     Education
  •     SME Financing
  •     Social Housing
  •     Energy and Environmental Sustainability

Each Green, Social or Sustainability Bond can focus on one, more than one or all the above-mentioned categories, making it an important tool in contributing to the promotion of sustainable development.