Environmental Finance's Bond Awards 2021

The €1 billion ($1.2 billion) covered social bond issued by Caisse Française de Financement Local (Caffil) in April 2020...

Korean bank Kookmin's €500 million ($563.6 million) issue was its ninth social or sustainability bond in two years, and its first euro denominated covered bond.

Symbiotics uses a special purpose vehicle (SPV) to help small firms in emerging and frontier markets to issue green, social and sustainability bonds.

The awards for Innovation for social bond structure and Initiative of the year - social bond go to Banco Davivienda and IDB Invest for their work...

Rabobank drew up an updated Sustainable Funding framework in September.

Italian energy infrastructure company Snam's updated transition bond framework was praised by awards judges for being "forward-thinking and innovative".

This is the first social bond with a gender perspective issued by a commercial microfinance institution in Colombia.

The European Investment Bank's sustainability funding team has been recognised for its development of use of proceeds in sustainability awareness bonds (SABs), adapted towards resources aimed at combating the Covid-19 outbreak.

Luxembourg  Stock Exchange was crowned Exchange of the year for the fifth year in a row.

In 2020,  Sustainalytics  passed a milestone of delivering 500 second-party opinions  (SPOs) to issuers in over 60 countries since the launch of its opinion services in 2014. 200 of these were issued in 2020.

Europe's largest economy entered the green bond market with a €6.5 billion ($7.7 billion) syndication...

In 2020, San Francisco Public Utilities Commission (SFPUC) became the first issuer of a US muni green bond to list on a European exchange.

Société du Grand Paris (SGP) retains its award from last year as it added to its green bond portfolio with a €6 billion ($7.1 billion) dual tranche offering.

Australian fintech firm Brighte Green Trust issued the country's first green asset backed security (ABS) with an A$190 ($147 million) bond issue.

Car manufacturing company Daimler entered the green bond market with a €1 billion ($1.2 billion) offering to develop green projects with significant upfront investments, such as battery electric vehicles and their production.

MuniFin issued its fifth green bond - and its third that was euro denominated - for €500 million ($587.9 million)...

CaixaBank's inaugural green senior non-preferred bond is the third issued under its Sustainable Development Goal (SDG) Framework published in 2019

NN Investment Partners scooped the award for green bond fund of the year for its €1.4 billion ($1.7 billion)...

The use of proceeds from the first Climate Bond Initiative (CBI) certified green bond for the housing sector in Latin America...

The green, social and sustainability (GSS) loan of the year goes to the £5.5 billion ($7.7 billion) green project finance secured by the first two phases of the Dogger Bank offshore wind farm

Environmental Finance Bond Awards judges gave a 'highly commended' recognition to Mexico for being the first country to issue a Sustainable Development Goal (SDG) aligned sovereign bond.

HSBC was victorious in seven Environmental Finance Bond Awards categories in 2021...

The International Finance Corporation (IFC)'s decade of experience in impact reporting shone through in 2020, with judges hailing its latest work as the "gold standard of impact reporting".

Affirmative Investment Management (AIM)'s latest annual impact report impressed Environmental Finance Bond Awards judges...

The Bloomberg Barclays MSCI Green Bond Index has been voted as best index for the fifth year running.

Financing the transition to a climate-neutral economy is a crucial role for outcome-targeted sustainable or green finance.

Looking to accelerate blue bond issuance in the financial markets, the UN Global Compact launched the blue bond initiative in order to improve ocean health.

Looking to develop debt capital markets with responsible fixed income investing the Asian Infrastructure Investment Bank (AIIB) partnered with Aberdeen Standard Investments (ASI)...

In an attempt to address issuer concerns over market volatility in a post-Covid environment the European Central Bank (ECB), last September, announced sustainability-linked bonds (SLBs)...

Clifford Chance worked on an impressive array of deals in 2020, spanning green, social, sustainability and sustainability-linked (GSSS) bonds from a wide range of issuer types.

The statistics speak for themselves when it comes to Crédit Agricole's 2020 performance in the green bond sector; the bank acted as lead manager on 29 green bonds totalling $3.2 billion ($3.8 billion)...

Mizuho has been recognised for excellent innovation as well as expanding green bond issuances into the climate change adaptation and climate resilience space.

NatWest played a leading role in the green and sustainability bond markets in 2020, assisting several debut issuers and playing a key role...

Bank of America gained the attention of awards judges for its role in the San Francisco Public Utilities Commission (SFPUC) issuance of the first US muni green bond...

French bank BNP Paribas has won the lead manager of the year award for both bank-issued social bonds and sovereign sustainability bonds...

Bank of Montreal, CIBC, National Bank Financial, and RBC have been collectively recognised as lead managers of the year for their work on the City of Toronto's C$100 million ($80 million)...

Citigroup, Santander and Scotiabank were lead managers on the Republic of Chile's CLP1.6 trillion ($2.1 billion) social bonds issued in November

In 2020, the investment bank brought 11 sustainability bond and six social bond transactions to market in the US for municipal and not-for-profit issuers...

Mitsubishi UFJ Morgan Stanley Securities (MUMSS) has secured the award for lead manager of the year for a sustainability bond from a bank...

BNP Paribas sealed the Loan structurer/arranger/coordinator of the year award for the second time in a row after it continued to take a lead in developing the sustainability-linked loan (SLL) market

Isabelle Vic-Philippe's work helping to update the Social Bond Principles to allow the market to more effectively respond to the coronavirus pandemic earned her the accolade of Personality of the year

The City of  Toronto  successfully launched and priced a C$100 million ($80 million) 1.60% Dec 2030 social bond on 16 June 2020, following the release of the City's Social Debenture Framework

Citi's inaugural social bond for housing, which raised $2.5 billion, is the largest ever social bond issued by a private sector issuer and helps keeps Citi as the largest financier of affordable housing in the US

Central America and the Caribbean's first social bond aims, in its second tranche, to finance social projects related to Guatemala's Covid-19 prevention, containment and mitigation efforts.

The Local initiative Support Corporation's (LISC) $150 million bond aims to build economic opportunity, support healthy communities and bridge the racial wealth gap in the US

Targeting diabetes prevention, Region Stockholm's SEK30 million ($3.5 million) Health impact bond will fund a programme for 925 prediabetic individuals in Stockholm County

Established to reduce funding costs for high-performing charter schools in the US, the Equitable School Revolving Fund (ESRF) brings together private philanthropic grant funding with bond proceeds

In March 2020, the IFC priced its largest ever social bond, raising $1 billion to finance access to essential services for the underserved in emerging markets, during the coronavirus pandemic

Breaking new ground by being the first Latin American financial institution sustainable bond brought to the international capital markets, Banco Continental's $300 million...

Century Housing issued its $85 million sustainability bond in the municipal market in order to ensure a more flexible investor base, as it is a market more accustomed to unknown issuers.

Suzano's sustainability-linked bond (SLB) was not only the first in the Americas, emerging markets and the pulp and paper sector but was also the first globally to attain a voluntary second party opinion

The successful €750 million ($890 million) 12-year inaugural sustainable bond issued by Banque Ouest Africaine de Développement (BOAD) represented  BOAD's inaugural EUR trade...

Orange's inaugural sustainability bond was a €500 million ($593.4 million) offering split between social and green projects.

The autonomous community of Xunta de Galicia issued its inaugural sustainability bond, at €500 million ($584 million), following the establishment of its Sustainable Finance Framework in 2020

Aligned's $1 billion sustainability-linked loan attracted the attention of the Environmental Finance Bond Award judges for being the first US data centre to utilise sustainability-linked financing.

Energie Baden-Württemberg (EnBW) secured the Sustainability-linked loan of the year award for its €1.5 billion ($1.8 billion) revolving credit facility signed in June 2020...