Green Bond Fact Sheet
Summary
This fact sheet details a EUR 750 million green bond issued by CPI Property Group on October 28, 2019, to finance green buildings, energy efficiency, renewable energy, and sustainable land use.
Key insights
- CPI Property Group issued a senior unsecured green bond on October 28, 2019, with a total amount of EUR 750 million (USD 831 million) and a maturity date of April 23, 2027.
- The proceeds of the bond are designated for four specific categories: Green Buildings (requiring BREEAM Very Good or LEED Gold or higher), Energy Efficiency in buildings (targeting the top 15% of local market efficiency or a minimum 30% reduction in carbon emissions intensity), Renewable Energy (specifically PV solar and support infrastructure), and the environmentally sustainable management of land use and living natural resources, including organic agriculture and green roof gardens.
- CPI Property Group commits to publishing an annual allocation report on its website until all proceeds are allocated, covering eligible projects, unallocated proceeds, and building status. An impact report will also be provided where feasible, utilizing metrics such as annual GHG emissions reduced/avoided and certification levels per property.
- The Climate Bonds Initiative notes that this is the largest bond issued by a Luxembourg company to date and the first to express intent to finance projects within the Land Use sector.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-10_LU_CPI_Property_Group.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-10_LU_CPI_Property_Group.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 October 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-10_LU_CPI_Property_Group.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 = oct, url = {https://www.climatebonds.net/files/drupal-files/files/2019-10_LU_CPI_Property_Group.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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