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.

 

Hero Future Energies

 

 

 

 

 

Hero Future Energies, a solar and wind energy developer in India, was the first Indian company to issue a Climate Bonds Certified Bond. 

To date, they have issued several Climate Bonds Certified Bonds in order to finance their growing wind and solar assets.

 

 

DATE OF ISSUE

TYPE OF INSTRUMENT  SIZE  COUNTRY OF ISSUE CLIMATE BONDS SECTOR CRITERIA VERIFIER'S REPORT ANNUAL REPORT FURTHER INFORMATION
January 2016 Use of proceeds bond INR 700m/USD 10m India  Wind  

pre-issuance report by KPMG India

post-issuance report by KPMG India

Confidential

Announcement on Climate Bonds Blog

Hero Energy press statement

August 2016  Use of proceeds bond INR 1.2bn/USD 18m India  Wind  

pre-issuance report by KPMG India

post-issuance report by KPMG India

Confidential  

 

December 2016

 

Use of proceeds bond INR 1.25bn/USD 19m India Wind   post-Issuance report by KPMG India  Confidential  

 

December 2016

 

Use of proceeds bond INR 1.75bn/USD 27m India  Solar post-issuance report by KPMG India Confidential