Green Bond Fact Sheet

The State Bank of India issued a USD 650 million senior unsecured Certified Climate Bond on September 28, 2018, as part of a larger USD 3 billion green finance program.

• On September 28, 2018, the State Bank of India issued a 5-year senior unsecured Certified Climate Bond totaling USD 650 million. This issuance represents the first transaction within a broader green finance program valued at USD 3 billion and is noted as the largest Certified Climate Bond from an Indian issuer to date.
• The bond is certified under the Solar and Wind Criteria of the Climate Bonds Standard, with KPMG serving as the certification verifier. The proceeds are designated for energy projects, specifically solar, onshore wind, and energy performance.
• The State Bank of India will report the use of proceeds for its green bonds in a dedicated section of its Annual Sustainability Report, which is hosted on the bank's website. The bank intends to report quantitative impacts of the financed projects whenever possible.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-09%20In%20State%20Bank%20of%20India.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-09%20In%20State%20Bank%20of%20India.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=28 September 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-09%20In%20State%20Bank%20of%20India.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 = sep, url = {https://www.climatebonds.net/files/drupal-files/files/2018-09%20In%20State%20Bank%20of%20India.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }