Green Bond Fact Sheet
Summary
This fact sheet details a BRL20m (USD4.9m) private placement green bond issued by Grupo Sabará, a Brazilian chemicals producer, on August 12, 2019. The proceeds are dedicated to constructing Brazil's first sodium chlorite industrial plant in Santa Barbara d’Oeste, São Paulo, utilizing a production process powered entirely by renewable energy.
Key insights
- Grupo Sabará issued a private placement green bond on August 12, 2019, for an amount of BRL20m (approximately USD4.9m). The issuer is categorized as a non-financial corporate and is a chemicals producer that distributes products to more than 40 countries.
- The bond proceeds are allocated to the construction of an industrial plant for sodium chlorite production in Santa Barbara d’Oeste, state of São Paulo, including related supplies and packages. This facility is the first of its kind in Brazil and operates using 100% renewable energy.
- Sodium chlorite serves as a disinfectant and is used in paper manufacturing. It is described as a cleaner alternative to traditional oxidants in paper production and helps lower water and energy requirements in the production of alcohol and sugar.
- The issuance is notable for several reasons: it is the smallest deal ever from a Brazilian issuer, the only Brazilian deal to exclusively finance 'Industry', and the first Brazilian green bond financing for the industry sector since Suzano's 2017 issuance.
- Grupo Sabará committed to reporting the use of proceeds and associated impacts through annual website updates and Sustainability Reports published every three years until the bond reaches maturity.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-08%20BR%20Sabar%C3%A1.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-08%20BR%20Sabar%C3%A1.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=17 September 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-08%20BR%20Sabar%C3%A1.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 = sep, url = {https://www.climatebonds.net/files/drupal-files/files/2019-08%20BR%20Sabar%C3%A1.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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