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.

 

China Merchants Bank

 

CMB was founded in Shenzhen, China in 1987. It was the first joint stock commercial bank wholly owned by corporate legal entities in China.

The first Certified issuance from CMB was issued through their Hong Kong branch. The proceeds will be allocated to 7 urban metro projects in China.

 

DATE OF ISSUE  SIZE TENOR COUNTRY OF ISSUE  CLIMATE BONDS SECTOR CRITERIA VERIFIER'S REPORT  ANNUAL REPORT  FURTHER INFORMATION 
September 2020 USD 800 million 5 years China Low Carbon Transport pre issuance verification report  

CMB Green Bond webpage

News article

Sustainability Bond Framework