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.

 

Industrial Bank Co., Ltd.

Industrial Bank Co., Ltd.is a large regional bank based in Fujian province, China. In November 2018, they issued a Climate Bonds Certified Bond through its Hong Kong branch.

This is the first Climate Bonds Certified Bond to be issued and listed in Hong Kong.

 

 

NAME OF BOND

DATE OF ISSUE

TYPE OF INSTRUMENT

SIZE

TENOR

JURISDICTION OF ISSUE

CLIMATE BONDS SECTOR CRITERIA

VERIFIER'S REPORT

ANNUAL REPORT FURTHER INFORMATION
Industrial Bank Green Bond November 2018 Use of Proceeds EMTN

USD 600m

EUR 300m
(equivalent of USD 942m total)

3 years China

Solar

Wind

Low Carbon Transport

pre issuance statement

post issuance verification 2019

post issuance verification 2020

 

October 2018 Green Bond Framework

Issuer's website for the bond

Annual Report March 2020