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.

 

State Bank of India

 

The State Bank of India is wholly owned by the India government. It is the largest bank in India. 

Their Certified Bond supported a range of solar generation facilities across India and a metro rail system in Hyderabad.

 

DATE OF ISSUE

TYPE OF INSTRUMENT

SIZE

JURISDICTION OF ISSUE

CLIMATE BONDS SECTOR CRITERIA

VERIFIER'S REPORT

ANNUAL REPORT FURTHER INFORMATION
July 2018 Use of Proceeds USD 50m India Solar, Low Carbon Transport

pre issuance report

post issuance statement

   
September 2018 Use of Proceeds USD 650m India Solar, Low Carbon Transport

uses same reports as previous bond

 

Green Bond Framework

Economic Times of India News Article

March 2020 Use of Proceeds USD 100m India Solar, Low Carbon Transport uses same reports as previous bond   Economic Times article