Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

27323

Landesbank Baden-Württemberg (LBBW) becomes a Climate Bonds Partner

RELATED TOPICS​

Landesbank Baden-Württemberg (LBBW) is the latest financial institution in Germany to join the Climate Bonds Initiative Partners Program.

Partners assist in developing climate finance solutions in local markets and help define policy agendas for national, regional and sector-based programs.
 
LBBW offers a full array of business services across Germany, while also drawing on extensive regional roots. In December 2017, LBBW issued its first green bond, a EUR750 million commercial real estate Climate Bonds Certified green bond. Certified as climate-mitigation and climate-resilience relevant against a pool of low-carbon commercial buildings and upgrades, this transaction further opens up Germany’s vast potential for green issuance on the back of the property sector.
 
Dr Ricken, Member of the Board of LBBW, says: “LBBW is proud for having received the Climate Bonds Certification for our inaugural best practice Green Bond transaction and for the recognition of our contribution to broader market development. We are looking forward to working together with CBI in a partnership – sustainability is a key strategic target for the Board of LBBW and Climate Bonds Initiative provides excellent guidance and know-how in mainstreaming sustainable finance solutions.”
 
Manuel Adamini (pictured), Director, Investor Outreach & Partners Programme, says: “We are pleased to be officially joining forces with LBBW. Their first commercial real estate Climate Bonds Certified green bond has set an example for Germany’s property sector. With LBBW now also becoming a Climate Bonds Partner, we can work together on driving the German green finance market in the best practice direction.
 
“With the support of committed actors such as LBBW, low carbon buildings in Germany will be in alignment with a 2⁰C global warming scenario and meet international standards.”

Latest News

Data provider Preqin has published its Deal Flow Monitor: Q1 2024 report, examining trends in..
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by