Green Bond Fact Sheet
Summary
This fact sheet details a EUR 200 million green bond issued by Uniqa Insurance Group on July 9, 2020, with a maturity date of October 9, 2035. The bond is intended to finance a broad range of eligible projects including renewable energy, clean transport, sustainable water and wastewater management, and pollution prevention and control.
Key insights
- Uniqa Insurance Group issued a hybrid green bond totaling EUR 200 million (approximately USD 222 million) on July 9, 2020, with a tenor of 15.3 years and a maturity date of October 9, 2035.
- The proceeds of the bond are allocated to four primary categories: renewable energy (specifically solar and wind power), clean transport (exclusively electric-powered rail transportation, including rolling stock and infrastructure), sustainable water and wastewater management (focused on energy and water efficiency), and pollution prevention and control (specifically municipal waste to energy projects such as anaerobic digestion and materials recovery).
- Uniqa Insurance Group will provide annual allocation and impact reporting until all proceeds are allocated. Allocation reports will detail the total amount per category, the proportion used for refinancing, and the remaining unallocated balance, while impact reports will track metrics such as water losses avoided (m3) and tonnes of carbon dioxide equivalent emissions avoided.
- The bond received a second party opinion from Sustainalytics and a credit rating of BBB from S&P. It was underwritten by HSBC, JPM, and Raiffeisen, with a coupon of 3.25% and a yield of 3.356%.
- According to the Climate Bonds Initiative, Uniqa Insurance is the first insurance company from Austria to issue a green bond that finances a broad range of categories.
Cite the original document
- APA
- Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-07_AT_Uniqa_Insurance_Group.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-07_AT_Uniqa_Insurance_Group.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=28 July 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-07_AT_Uniqa_Insurance_Group.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 = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2020-07_AT_Uniqa_Insurance_Group.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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