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Sustainalytics verified that Industrial Bank Co.'s planned green bond issuance aligns with the Climate Bonds Standard Version 2.1, specifically for assets in onshore wind, solar power, and electrified urban rail transit.

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  • Sustainalytics concluded that Industrial Bank Co.'s green bond is in conformance with the Pre-Issuance Requirements of the Climate Bond Standard's Wind Energy, Solar Energy, and Low Carbon Transport Criteria.
  • The green bond is intended to finance or refinance 'Eligible Green Assets' specifically consisting of onshore wind and solar generation facilities, as well as electrified urban rail transit and electric metro lines.

Cite the original document

APA
Climate Bonds Initiative (2018). PRE-ISSUANCE VERIFICATION LETTER. https://www.climatebonds.net/files/drupal-files/files/Industrial%20Bank%20Co%20Pre-Issuance%20Verification%20Statement%20PUBLIC.pdf
Chicago
Climate Bonds Initiative. PRE-ISSUANCE VERIFICATION LETTER. 2018. https://www.climatebonds.net/files/drupal-files/files/Industrial%20Bank%20Co%20Pre-Issuance%20Verification%20Statement%20PUBLIC.pdf.
Wikipedia
{{cite report |author=Climate Bonds Initiative |title=PRE-ISSUANCE VERIFICATION LETTER |date=2018 |url=https://www.climatebonds.net/files/drupal-files/files/Industrial%20Bank%20Co%20Pre-Issuance%20Verification%20Statement%20PUBLIC.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{climatebondsinitiative2018preissuance, author = {{Climate Bonds Initiative}}, title = {{PRE-ISSUANCE VERIFICATION LETTER}}, institution = {Climate Bonds Initiative}, year = {2018}, url = {https://www.climatebonds.net/files/drupal-files/files/Industrial%20Bank%20Co%20Pre-Issuance%20Verification%20Statement%20PUBLIC.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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