innogy’s Green Bond Framework
innogy has decided to set up a program for so-called Green Bonds to (re)finance its investment projects that are in line with the Green Bond Principles issued by the International Capital Market Association (ICMA).
In alignment with the Green Bond Principles, innogy’s Green Bond Framework is presented through the following key pillars:
- Use of Proceeds
- Process for Project Evaluation and Selection
- Management of Proceeds
- External review
For further details please see the below link:
Presentation: innogy’s Green Bond
The Green Bond Presentation provides an overview of innogy’s Green Bond Framework. Furthermore, ‘eligible projects’ are disclosed, which are allocated to innogy’s first Green Bond.
2017 figures for eligible Green Bond Projects
|innogy share||COD||Investment||Production* in 2017||avoided GHG* in 2017||EIB emmission factor|
|Project||Year||EURm||GWh||kt of CO2||t CO2 / MWh|
|Gwynt y Môr||50%||2015||388||977||561||0.57|
|Nordsee One (N1)||15%||2017||34||65||46||0.71|
|Nordsee Ost (NSO)||100%||2015||304||946||669||0.71|
Second Opinion by Sustainalytics
innogy has mandated Sustainalytics (agency for ESG/CSR ratings) to conduct an external review of the Green Bond Framework. Sustainalytics has issued a Second Opinion confirming the proper alignment with the Green Bond Principles.
We are aware of our ecological, economical and social responsibility of conducting our activities. For further details please see our Corporate Responsibility webpage, especially our sustainability report and our ESG/CSR sustainability ratings (e.g. MSCI, Ecovadis, Oekom, Sustainalytics):