Green Bond Fact Sheet

This fact sheet details a PHP3bn (USD59m) green bond issued by Arthaland on February 6, 2020, to finance or refinance green buildings in the Philippines.

• Arthaland issued a senior unsecured green bond on February 6, 2020, with a total amount of PHP3bn (approximately USD59m) and a maturity date of February 6, 2025.
• The proceeds from the bond are dedicated exclusively to the financing or refinancing of green buildings, including new developments and the acquisition or renovation of existing commercial and residential properties. Eligible buildings must meet specific standards, such as LEED Gold or higher, BREEAM Excellent or higher, or be within the top 15% of low carbon buildings for their category and local context.
• Arthaland is the first real estate company in the Philippines to issue a green bond. While it is the smallest issuance from the Philippines to date, it represents a shift in the region as previous proceeds had primarily been directed toward renewable energy projects.
• The issuer committed to providing allocation and impact reports. Allocation reports will detail the percentage of allocation to the green portfolio, financing versus refinancing shares, project examples, and unallocated balances. Impact reports will specify the number and type of certifications for buildings and estimated annual reduced or avoided CO2 equivalent emissions compared to city or country benchmarks.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-02_PH_Arthaland%281%29.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-02_PH_Arthaland%281%29.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=19 February 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-02_PH_Arthaland%281%29.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = feb, url = {https://www.climatebonds.net/files/drupal-files/files/2020-02_PH_Arthaland%281%29.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }