Green Bond Fact Sheet
Summary
A fact sheet detailing a AUD 65 million green loan issued by Local Government Super on March 18, 2020, certified under the Climate Bonds Standard v2.1 for low carbon commercial buildings in Australia.
Key insights
- Local Government Super issued a green loan on March 18, 2020, totaling AUD 65 million (USD 38 million). The loan is certified under the Climate Bonds Standard v2.1, specifically meeting sector-specific criteria for Low Carbon Buildings (Commercial).
- The proceeds from the loan are intended to refinance investments in several office buildings in Australia that are eligible for Certification under the Low Carbon Buildings (Commercial) Criteria.
- Local Government Super is the first superannuation fund globally to receive this Certification. The issuer manages the Local Government Property Fund (LGPF), which holds office building investments in Australia.
- The issuer's property portfolio achieved two significant milestones: it was the first in Australia to receive a 5-Star Green Star Performance rating from the Green Building Council of Australia in 2017, and the first to achieve carbon neutral certification under the Australian government’s Climate Active program for all NABERS rated buildings in 2019.
- Reporting on the allocation of proceeds and property information will be provided via annual reports delivered directly to the lender.
Cite the original document
- APA
- Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-03_AU_Local_Government_Super.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-03_AU_Local_Government_Super.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=18 March 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-03_AU_Local_Government_Super.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 = mar, url = {https://www.climatebonds.net/files/drupal-files/files/2020-03_AU_Local_Government_Super.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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