Green Bond Fact Sheet

This fact sheet details a JPY2bn (USD18m) green bond issued by Hong Kong & China Gas on 24 November 2017. The bond finances renewable energy and waste management projects, specifically wastewater treatment, landfill gas conversion, and biofuels, while excluding nuclear and fossil-fuel-related efficiency projects. The Climate Bonds Initiative has confirmed the bond's alignment with its Taxonomy.

• Hong Kong & China Gas issued a green bond on 24 November 2017 with a total amount of JPY2bn (approximately USD18m) and a 10-year tenor maturing on 24 November 2027.
• The proceeds of the bond are designated for projects including wastewater treatment, waste treatment, the conversion of landfill gas to natural gas, biomass conversion to biofuels, and other initiatives focused on energy performance improvements and renewable energy production.
• The Green Bond Framework explicitly excludes nuclear energy and any energy efficiency improvements that are related to fossil fuel technologies from being eligible projects.
• The Climate Bonds Initiative reassessed the deal based on the Second Party Opinion (SPO) and Green Bond Framework, confirming that the eligibility categories align with the Climate Bonds Taxonomy after the deal had previously been marked as pending.
• The issuer committed to disclosing information regarding the allocation of proceeds and environmental impact metrics, including the volume of processed and treated waste and avoided or reduced GHG emissions (tCO2e), within its annual Sustainability Report.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2017-11%20HK_Hong%20Kong%20%26%20China%20Gas.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2017-11%20HK_Hong%20Kong%20%26%20China%20Gas.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=17 April 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2017-11%20HK_Hong%20Kong%20%26%20China%20Gas.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2017-11%20HK_Hong%20Kong%20%26%20China%20Gas.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }