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.

 

Volkswagen Group

 

Volkswagen Group issued their first green bond in September 2020, which will be used to finance the development of their electric vehicle program.

As of 2019, Volkswagen Group is the second biggest carmaker globally.

 

DATE OF ISSUE

TYPE OF INSTRUMENT

SIZE

TENOR

COUNTRY OF ISSUE

CLIMATE BONDS SECTOR CRITERIA

VERIFIER'S REPORT

ANNUAL REPORT FURTHER INFORMATION
September 2020 Use of Proceeds EUR 2 billion (USD 2.34 billion) 8, 12 years Germany Low Carbon Transport

Pre Issuance Verification

 

Press release

Green Bond Framework

Investor Presentation