Certification

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds, loans & other debt instruments. Rigorous scientific criteria ensure that it is consistent with the goals of the Paris Climate Agreement to limit warming to under 2 degrees. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

European Locomotive Leasing

 

 

 

ELL was founded in 2014 and currently leases over 150 Siemens Vectron locomotives to over 20 customers in Europe, including in Switzerland, the Netherlands, Austria and Germany. These are relatively new models, first introduced by Siemens in 2010.

The locomotives are fully electric and are used for a mix of passenger and freight use. The freight customers carry small amounts of fossil fuels, which are within the 50% fossil fuel freight threshold of the Transport Criteria.

 

 

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April 2020 Schuldschein EUR 30m 12 years Luxembourg Low Carbon Transport Pre Issuance Verification   Company website