Green Bond Fact Sheet
Summary
This fact sheet details a CHF 100 million green bond issued by Raiffeisen Schweiz Genossenschaft on May 7, 2019, to finance energy-efficient social housing in Switzerland.
Key insights
- Raiffeisen Schweiz Genossenschaft issued a senior domestic public sustainability bond on May 7, 2019, with a total amount of CHF 100 million (approximately USD 98.3 million) and a maturity date of May 7, 2024.
- The bond is the first from a non-government backed Swiss bank to enter the green bond market and the first to exclusively finance social energy-efficient housing.
- Proceeds are allocated to loans for social housing developers for buildings that meet specific energy standards such as Minergie, Minergie-P, Minergie-A, GEAK A (new buildings), GEAK B (existing buildings), or 2000 Watts. The issuer aims for the asset pool to be in the top 15% for final energy consumption and CO2 emissions relative to the total Swiss building stock.
- Eligible assets must be residential apartments (including retirement homes or accompanied living) located within a 1km walking distance of public transport. Heating must be provided by heat pumps, wood, pellets, or district heating with better-than-average CO2 emissions. Constructing companies must have charitable status, a non-profit orientation, and a commitment to cost rent or rent below market price.
- The issuer reports on the initial credit pool using indicators including the estimated number of buildings financed, the percentage and type of certified buildings, final energy demand, and CO2 emissions.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-05%20CH%20Raiffeisen.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-05%20CH%20Raiffeisen.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=20 May 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-05%20CH%20Raiffeisen.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = may, url = {https://www.climatebonds.net/files/drupal-files/files/2019-05%20CH%20Raiffeisen.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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