SNCF Réseau is the entity that owns and manages that railway network in France. Its mission is to develop and operate a reliable, highly effective and sustainable network which serves the needs of one of the most environmentally friendly public transport systems.
“Eligible Green Projects” of SNCF Réseau’s Climate Bond Framework include:
- Investments related to maintenance, upgrades and energy efficiency of the railsystem;
- Investments related to new rail lines and rail lines extensions which ensure access to the network and the efficient movement of people and freight; and
- Other Investments linked to the global climate change challenges, the protection of biodiversity and natural resources.
DATE OF ISSUE
TYPE OF INSTRUMENT
COUNTRY OF ISSUE
CLIMATE BONDS SECTOR CRITERIA
|ANNUAL REPORT||FURTHER INFORMATION|
|October 2016||Use of Proceeds||EUR 900m (USD 982m)||15 years||France||Low Carbon Transport||2016||SNCF Green Bonds website|
|March 2017||Use of Proceeds||EUR 1bn (USD 1.067bn)||17 years||France||Low Carbon Transport||
|Climate Bond Framework|
|July 2017||Use of Proceeds||EUR 1.35 billion (USD 1.475 billion)||30 years||France||Low Carbon Transport||see above||Green Bond Summary|
|January 2019||Use of Proceeds||
|10 years||France||Low Carbon Transport||see above||Global Capital article|
|July 2019||Use of Proceeds||EUR 1.5 billion (USD 1.7 billion)||17 years||France||Low Carbon Transport||see above|
|August 2019||Use of Proceeds||EUR 150m (USD 167 million)||10 years||France||Low Carbon Transport||see above|
|August 2019||Use of Proceeds||EUR 100m (USD 111 million)||100 years||France||Low Carbon Transport||see above|
|March 2020||Use of Proceeds||
(USD 55 million)
|100 years||France||Low Carbon Transport||see above|
|April 2020||Use of Proceeds||EUR 1,250,000,000 (USD 1,357,000,000)||10 years||France||Low Carbon Transport||see above||updated green bond framework|
Note: Programmatic Issuance - only one pre issuance report required for first bond. All subsequent bonds use that same report.