Green Bond Fact Sheet

A fact sheet detailing a EUR 55 million (USD 60 million) green loan issued by Sonae SGPS on April 8, 2020, for its subsidiary Sonae MC to improve the environmental sustainability of its food retail operations in Portugal.

• Sonae SGPS issued a green loan totaling EUR 55 million (USD 60 million) on April 8, 2020, marking the first green loan in Portugal and the first green finance deal for a Portuguese food retailer.
• The loan is designated for Sonae MC, a major food retail business in Portugal operating the Continente and Meu Super brands. The proceeds are intended to make food retailing more environmentally friendly through projects focusing on energy and water management in stores, renewable energy generation, waste management processes, and the installation of electric vehicle (EV) charging stations in parking lots.
• The Climate Bonds Initiative notes that the deal lacks an external review and that reporting for loans is often less clear. They encourage Sonae MC to report on impacts and the use of proceeds, suggesting alignment with LMA guidance on Green Loans.
• The loan was provided by Raiffeisen Bank International and complements a previous loan from the European Investment Bank (EIB) aimed at similar operational improvements for Sonae MC.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-04_PT_Sonae_SGPS.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-04_PT_Sonae_SGPS.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=8 April 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-04_PT_Sonae_SGPS.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 = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2020-04_PT_Sonae_SGPS.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }