11 April 2017

Final winners revealed in Environmental Finance's Green Bond Awards

The best innovations, intermediaries and banks that helped the market set fresh records in 2016 have been honoured in the final wave of the Green Bond Awards.

The awards, which cover 2016, aim to recognise best practice, or issues that were significant in the development of the market.

Awards announced today include best lead manager – bank, which was awarded to HSBC. Credit Agricole secured the lead manager of the year – sovereign, supranational and agencies (SSA) award.

They were joined by this year's biggest winner -- Bank of America Merrill Lynch --  which won the best lead manager title for both corporate and municipality bonds, as well as the previously announced biggest underwriter award.

Luxembourg won the inaugural best exchange award. While the inaugural best law firm and best index awards have been bestowed on White & Case and Bloomberg Barclays MSCI green bond Index, respectively.

Major winners in the awards this year that deserve an extra mention are Obvion, which won in two categories --  best asset-based bond and a special award for innovation (use of proceeds).

Other major winners include the European Investment Bank, which won biggest SSA issuer for the third year in a row, as well as being declared joint winner for best impact reporting, alongside KfW and IFC.

The winners were decided by a panel of judges made up of some of the biggest green bond investors in the world, with the exception of awards for biggest issuers and underwriters that were calculated using data from Environmental Finance's Green Bond Database. Congratulation to all of this year's winners. 

Click here to read about all the announced winners

Bond of the Year - Asset-based bond Obvion
Bond of the Year - Sovereigns, supranational and agencies (SSAs) Poland
Bond of the Year - Corporate Apple
Bond of the Year - Social and sustainability Starbucks
Bond of the Year - Bank Rabobank
Bond of the Year - Municipality Mexico City
Project bond of the Year AP Renewables
Special award for innovation - Bond Structure Poland
Special award for innovation - Use of proceeds Obvion
Initiative of the Year Brazil's Green Bond Guidelines
Personality Christopher Flensborg
Biggest underwriter: Bank of America Merrill Lynch
Biggest issuer (Corporate): Iberdrola
Biggest issuer (Municipality): New York MTA
Biggest issuer (SSA): European Investment Bank
Biggest issuer (Bank): Industrial Bank of China
Best exchange Luxembourg
Best external review provider Cicero
Best impact reporting EIB, IFC and KfW
Best index Bloomberg Barclays MSCI Green Bond Index
Best law firm White & Case
Best underwriter: bank HSBC
Best underwriter: SSA Credit Agricole
Best underwriter: corporate Bank of America Merrill Lynch
Best underwriter: municipality Bank of America Merrill Lynch