2019-07-20fr-20societe-20generale-5c02e5fbc9ce3902.pdf
Summary
This Green Bond Fact Sheet details a EUR 1 billion covered bond issued by Société Générale SFH on July 18, 2019, to finance and refinance energy-efficient residential mortgages in France.
Key insights
- Société Générale SFH issued a EUR 1 billion (USD 1.12 billion) covered bond on July 18, 2019, with a 10-year tenor and a maturity date of July 18, 2029.
- The bond is the first Certified Climate Bond linked to French residential mortgages, certified under the Climate Bonds Standard V2.1 specifically for Low Carbon Buildings (Residential).
- Proceeds are used to finance and refinance 21,237 eligible loans totaling EUR 2.987 billion for residential mortgages from Société Générale’s retail bank. These loans target the top 15% best performing homes regarding CO2 emissions in Metropolitan (mainland) France, specifically those built under the government's "RT 2012" thermal regulation.
- Of the eligible homes, 35% are located in Ile de France, the region surrounding Paris.
- The issuer will provide annual public reports detailing the number of eligible mortgages, estimated avoided CO2 emissions, and estimated annual energy savings, supplemented by independent third-party assurance reports on proceeds allocation and loan compliance.
Cite the original document
- APA
- Climate Bonds Initiative (n.d.). 2019-07-20fr-20societe-20generale-5c02e5fbc9ce3902.pdf. https://www.climatebonds.net/files/drupal-files/files/2019-07%20FR%20Societe%20Generale.pdf
- Chicago
- Climate Bonds Initiative. 2019-07-20fr-20societe-20generale-5c02e5fbc9ce3902.pdf. n.d. https://www.climatebonds.net/files/drupal-files/files/2019-07%20FR%20Societe%20Generale.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=2019-07-20fr-20societe-20generale-5c02e5fbc9ce3902.pdf |url=https://www.climatebonds.net/files/drupal-files/files/2019-07%20FR%20Societe%20Generale.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiativend20190720fr20societe20generale5c02e5fbc9ce3902pdf, author = {{Climate Bonds Initiative}}, title = {{2019-07-20fr-20societe-20generale-5c02e5fbc9ce3902.pdf}}, institution = {Climate Bonds Initiative}, url = {https://www.climatebonds.net/files/drupal-files/files/2019-07%20FR%20Societe%20Generale.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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