Workflow
European green bond
icon
Search documents
Deutsche Bank issues first European green bond under new standards
Yahoo Finance· 2026-02-11 12:03
Group 1 - Deutsche Bank aims to achieve net-zero emissions by 2050, with interim targets set for 2030, focusing on the eight most carbon-intensive sectors in its corporate loan portfolio [3] - The bank's updated sustainable instruments framework includes a green building portfolio that encompasses residential real estate loans and financing for construction, acquisition, operation, and renovation of buildings, as well as energy efficiency projects [4] - Deutsche Bank issued its first European green bond, raising 500 million euros ($594.1 million), which will be used to refinance assets in its green buildings portfolio, with a maturity of four years and a 2.875% annual interest rate [8] Group 2 - The EU's Green Bond standard was updated in 2023, leading to over $26.1 billion in bonds issued under these standards in the first year [6] - Energy and utility companies have been prominent early adopters of the new green bond standard, making up over half of the documented green bonds issued [7] - Deutsche Bank plans to invest over $1 billion in sustainable and transition financing and ESG investments from 2020 to 2030 as part of its sustainability strategy [8]