Green Bond Fact Sheet

A Green Bond Fact Sheet detailing two green bond issuances by Zürcher Kantonalbank in May 2018, totaling CHF 325 million, dedicated to energy-efficient buildings in Switzerland.

• Zürcher Kantonalbank issued two green bonds on May 8 and 9, 2018, with a total amount of CHF 210 million (USD 209.4 million) and CHF 115 million (USD 114.7 million), maturing on May 8, 2025.
• The proceeds from the bonds are allocated to a green loan portfolio for energy-efficient buildings, consisting of private mortgage loans (61%), commercial real estate (25%), and housing cooperatives (14%).
• Eligibility for the green loan portfolio is based on specific certifications: new buildings require a Minergie certificate, a 2000-Watt Area certificate, or at least an "A" in the Swiss energy performance certificate GEAK; refurbished buildings require a Minergie certificate for refurbishments, a GEAK Plus energy efficiency class "C", or energy efficiency improvement measures.
• Zürcher Kantonalbank is the first Swiss bank to issue green bonds and is identified as the largest cantonal bank and fourth largest bank in Switzerland.
• The bonds received a green bond rating of GB1 from Moody's and credit ratings of AAA from Fitch and S&P, and Aaa from Moody's.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-05%20CH%20Z%C3%BCrcher%20Kantonalbank.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-05%20CH%20Z%C3%BCrcher%20Kantonalbank.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=10 May 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-05%20CH%20Z%C3%BCrcher%20Kantonalbank.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 = may, url = {https://www.climatebonds.net/files/drupal-files/files/2018-05%20CH%20Z%C3%BCrcher%20Kantonalbank.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }