ESG Bonds
BNG Bank started issuing ESG bonds initially under a best-in-class framework in 2014. Together with Tilburg University affiliated research partner PON & Telos, BNG Bank developed an original methodology to rank clients based on quantitative and qualitative sustainability indicators.
In 2021 this framework was succeeded by the BNG Bank Sustainable Finance Framework, which consists of 2 sub-frameworks:
- Sub-framework for Dutch Municipalities, published March 2021
- Sub-framework for Dutch Social Housing Associations, published October 2021
These frameworks connect the expenditures of Dutch municipalities, and of Dutch social housing associations, to the 17 SDG’s of the United Nations.
The frameworks are aligned with ICMA’s Green Bond Principles (GBP), Social Bond Principles (SBP) and Sustainability Bond Guidelines (SBG).
Second party opinions have been provided by Sustainalytics under the former best-in-class framework and by ISS ESG under the Sustainable Finance Framework.
Annual impact reporting is provided by PON & Telos and, where applicable, BNG Bank ESG Bonds are displayed on the Luxembourg Green Exchange (LGX).
ESG Bond for Dutch Social Housing Associations
Currency |
Amount | Coupon | Settlement date |
Maturity |
Impact |
Investor
|
Framework |
SPO |
|---|---|---|---|---|---|---|---|---|
| EUR | 1,500,000,000 | 0.25% | 22 NOV 2021 | 22 NOV 2036 | Presentation | Framework | ||
| EUR | 1,000,000,000 | 0.01% | 5 OCT 2020 | 5 OCT 2032 | First Impact |
Presentation | Framework | Opinion |
| USD | 1,000,000,000 | 1.50% | 16 OCT 2019 | 16 OCT 2024 | Second Impact |
Presentation | Framework | Opinion |
| USD | 500,000,000 | 3.125% | 8 NOV 2018 | 8 NOV 2021 | Third Impact |
Presentation | Framework | Opinion |
| EUR | 1,000,000,000 | 0.05% | 13 JUL 2016 | 13 JUL 2024 | Fifth Impact |
Presentation | Framework | Opinion |
ESG Bond for Municipalities
| Currency | Amount | Coupon | Settlement date | Maturity | Report | Investor presentation |
Framework | SPO |
|---|---|---|---|---|---|---|---|---|
| EUR | 2,000,000,000 | 0.125% | 19Apr2021 | 19Apr2033 | Presentation | Framework | Opinion | |
| USD | 1,000,000,000 | 0.50% | 24Nov2020 | 24Nov2025 | First Report | Presentation | Framework | Opinion |
| EUR | 750,000,000 | 0.05% | 20Nov2019 | 20Nov2029 | Second Report | Presentation | Framework | Opinion |
| AUD | 400,000,000 | 1.90% | 04Jun2019 | 26Nov2025 | Third Report | Presentation | Framework | Opinion |
| EUR | 750,000,000 | 0.50% | 26Nov2018 | 26Nov2025 | Third Report | Presentation | Framework | Opinion |
| EUR | 750,000,000 | 0.20% | 09Nov2017 | 09Nov2024 | Fourth Report | Presentation | Framework | Opinion |