Green Bond Fact Sheet

A fact sheet detailing a green bond issuance by Industrial Bank Co., Ltd. on November 20, 2018, which is the first Climate Bonds Certified Bond issued by a regional bank in China and the first such bond issued in Hong Kong.

• Industrial Bank Co., Ltd. issued a senior secured green bond on November 20, 2018, with a 3-year tenor maturing on November 20, 2021. The total amount issued consists of USD 600 million and EUR 300 million (equivalent to USD 343 million).
• The proceeds from the bond are designated to refinance loans for nine specific projects: one solar PV project, four wind power generation projects, and four urban rail and metro network projects located across four different cities. The renewable energy projects have a combined generation capacity of 323 MW.
• The issuance marks two milestones: it is the first Climate Bonds Certified Bond issued in Hong Kong and the first issued by a regional bank in China.
• The bond was certified by Sustainalytics under the Wind, Solar, and Low Carbon Transport standards, with a second party opinion provided by CICERO. The issuer holds a Baa2 credit rating from Moody’s.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-11%20CN%20Industrial%20Bank%20Co_%20Ltd.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-11%20CN%20Industrial%20Bank%20Co_%20Ltd.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=20 November 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-11%20CN%20Industrial%20Bank%20Co_%20Ltd.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 = nov, url = {https://www.climatebonds.net/files/drupal-files/files/2018-11%20CN%20Industrial%20Bank%20Co_%20Ltd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }