Green Bond Fact Sheet

A Green Bond Fact Sheet detailing a EUR 500 million senior unsecured green bond issued by Sumitomo Mitsui Trust Bank on September 25, 2018, with a maturity date of September 25, 2020.

• Sumitomo Mitsui Trust Bank issued a senior unsecured green bond on September 25, 2018, for an amount of EUR 500 million (USD 588 million) with a two-year tenor and a maturity date of September 25, 2020.
• The bond's proceeds are designated for projects in renewable energy, green buildings, energy efficiency, clean transport, and pollution prevention and control. Specific eligibility criteria include geothermal projects with direct emissions under 100gCO2/kWh and hydro projects limited to small run-of-river facilities with a capacity of 25MW or less, or refurbishments that do not increase plant size.
• The Climate Bonds Initiative (CBI) notes that the issuer's commitment to using only sustainable biomass sources aligns with the Climate Bonds Taxonomy and that the geothermal emission threshold shows a good level of ambition. However, CBI notes that power density ratios and annual GHG emissions for hydro projects were not disclosed, and suggests that building refurbishments should require at least 25% performance improvements to meet best practice.
• The issuer will maintain a dedicated website to provide annual updates on the allocation of net proceeds and environmental impact information until full allocation is achieved.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-09%20JP%20Sumitomo%20Mitsui%20Trust%20Bank.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-09%20JP%20Sumitomo%20Mitsui%20Trust%20Bank.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=16 October 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-09%20JP%20Sumitomo%20Mitsui%20Trust%20Bank.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 = oct, url = {https://www.climatebonds.net/files/drupal-files/files/2018-09%20JP%20Sumitomo%20Mitsui%20Trust%20Bank.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }