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Part of this revolution is the meteoritic growth of greenbonds, which were started in 2007 by the World Bank and the European Investment Bank. If growth was slow from the first greenbond issuance to 2012, things have accelerated since. Greenbonds are indeed often oversubscribed due to their success.
Many investors are already familiar with greenbonds, which have been on the market since 2007. Greenbonds finance a specific project or projects with an environmentally beneficial purpose. Since then, companies have issued new types of bonds to finance a range of green, social and sustainable projects (Display).
Achieved 42% reduction in carbon emissions intensity from 2007 levels in 2021. As one of Singapore’s pioneers in real estate and green buildings, we have been proactively aligning our business with global and national goals to mitigate the negative impact of climatechange.
Achieved 42% reduction in carbon emissions intensity from 2007 levels in 2021. As one of Singapore’s pioneers in real estate and green buildings, we have been proactively aligning our business with global and national goals to mitigate the negative impact of climatechange.
The economic consequences of the COVID-19 pandemic caused CO2 emissions from buildings and construction to fall significantly in 2020, but a lack of real transformation in the sector means that emissions will keep rising and contribute to dangerous climatechange, according to the 2021 Global Status Report for Buildings and Construction.
Only company in Southeast Asia and Hong Kong to score double 'A's in 2019 CDP Global A List for corporate climate action and water security ? 38% reduction in carbon emissions intensity from 2007 levels ? Changing the Future.", its thirteenth sustainability report since 2008.
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