article thumbnail

Deutsche Bank Issues Inaugural €500 Million Social Bond

ESG Today

Deutsche Bank announced today that it has raised €500 million through its first-ever social bond offering, with proceeds aimed at supporting the bank’s sustainable asset pool which provides financing for areas including affordable housing, and access to essential services for elderly or vulnerable people.

Banking 99
article thumbnail

IFC Issues $2 Billion Social Bond to Fund Projects in Emerging Markets

ESG Today

World Bank Group member the International Finance Corporation (IFC) announced today that it has raised $2 billion in a new social bond offering, with proceeds aimed at funding projects supporting low-income communities in emerging markets.

Banking 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MUFG Releases New Sustainable Finance Framework

ESG Today

Tokyo-based banking group Mitsubishi UFJ Financial Group (MUFG) announced the release of its new Sustainable Finance Framework, setting out eligible categories of environmental and social projects funded through the bank, financed through the issuance of Green, Social, and Sustainability bonds and loans.

Banking 115
article thumbnail

ADB Targets $100 Billion in Climate Finance by 2030

ESG Today

The ADB is a regional multilateral development bank that provides loans, technical assistance, grants, and equity investments aimed at promoting social and economic development in Asia and the Pacific, and to eradicate extreme poverty.

article thumbnail

HDFC Signs Largest-Ever Social Loan to Support Affordable Housing

ESG Today

The deal also marks the first social external commercial borrowing (ECB) loan out of India. Proceeds from the social loan will go towards financing affordable housing loans in India, aligned with Reserve Bank of India (RBI) guidelines.

Banking 109
article thumbnail

How Green Bonds Will Fund a Green Future

3BL Media

But issuance of social, sustainability and sustainability-linked bonds—which reference specific key performance indicators, or KPIs—grew fastest (Display). Lamdouar holds a BSc (Hons) in banking and international finance from Cass Business School. Green bonds, which fund particular projects, continued to dominate.

article thumbnail

Inogen Alliance Presents at COP29 in Azerbaijan

3BL Media

COP29 Trainings Our sustainability and ESG experts have also contributed significantly by conducting multiple trainings for the volunteers at COP29. These sessions focused on inclusivity, social sustainability, and environmental sustainability, benefiting around 2,000 volunteers.