Climate Bonds introduces Deka Investment to its Partnership Programme
LONDON/FRANKFURT 21/12/2023: Deka Investment joins Climate Bonds Initiative's Partnerships Programme, after an extensive relationship with Deka, strengthening the mission to develop the sustainable finance market.
Deka's recently launched Exchange-traded fund (ETF) is benchmarked against the iBoxx MSCI ESG EUR Corporates Green Bond Select Index, which uses Climate Bonds' screened database.
Partners within the Climate Bonds network play a crucial role in driving the evolution of sustainable finance solutions. Through their active involvement in market development and information initiatives, they foster connections with an extensive array of stakeholders, including issuers, investors, corporations, and various participants in the Climate Bonds Partners' network.
Deka is a renowned financial institution known for its substantial contributions to the sustainable finance market. As a responsible entity, they have made significant strides in shaping the landscape of green finance by providing innovative solutions that prioritize environmental and social responsibility.
Katrin Ries, ETF Product Manager, Deka Investment GmbH
“The Climate Bonds Initiative is a pioneer in classifying Sustainability Bonds. The extensive Green Bond Database is for us a suitable foundation to build ruled-based indices like the iBoxx MSCI ESG EUR Corporates Green Bond Select Index. We are happy to have launched our first Green Bond ETF, which leverages CBIs data to make access to sustainable investments easier and even more cost efficient for investors.”
Sean Kidney, Chief Executive Officer and Co-Founder, Climate Bonds Initiative:
“We are privileged to have Deka Investment join our partnership programme. We share a mission to support a more sustainable future, and to drive climate action in Germany, the EU and globally.”
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Notes for journalists
About Deka Bank: DekaBank is the securities services provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). Together with its subsidiaries it forms Deka Group. With total customer assets of more than EUR 373 billion (as at 30/06/2023) and 5.4 million securities accounts, DekaBank is one of the largest securities services providers and real estate asset managers in Germany. DekaBank is a wholly owned subsidiary of the German Sparkasse savings banks and forms an integral part of the Sparkassen-Finanzgruppe. www.deka.de/deka-group
About the Climate Bonds Initiative
Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low carbon economy. Climate Bonds undertakes advocacy and outreach to inform and stimulate the market, provides policy models and government advice, market data and analysis, and administers an international Standard & Certification Scheme for best practice in green bonds issuance. For more information, please visit www.climatebonds.net.
About the Climate Bonds Partners Programme
Banks, institutional investors, private and non-governmental organizations (NGOs) and governments are eligible to join as Climate Bond Partners to help grow a market of green and climate bonds.
Partners support investor and stakeholder outreach and education projects centred on growing robust and sustainable green bond markets that contribute to climate action and low carbon investment. Partners assist in developing initiatives to grow investment in climate finance solutions, participate in different market development committees and help define policy agendas for sector, country and sub-national green bond development programs.
A list of Partners is available here.
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