Verification Report for Pre-Issuance Certification of the Green Bond Programme to be launched by Landesbank Baden-Württemberg

Verification report by oekom research for the pre-issuance certification of Landesbank Baden-Württemberg's (LBBW) Green Bond Programme, confirming its alignment with the Climate Bonds Initiative (CBI) standards.

• oekom research conducted a limited assurance procedure and found no evidence of non-conformance with the Climate Bond Standard's requirements for LBBW's Green Bond Programme.
• The Green Bond Programme focuses on two primary eligible categories: green commercial buildings and renewable energy projects, including on- and offshore wind and solar energy.
• For green commercial buildings in Germany, LBBW uses a methodology developed by Drees & Sommer Advanced Building Technologies GmbH to target the top 15% of low carbon buildings. This includes office and retail buildings constructed in 2007 or later, or those that have undergone major refurbishment since 2007 under EnEV regulation.
• LBBW has established internal processes to manage the Green Bond Programme, including a Green Bond Committee comprising representatives from Treasury, Risk, and Sustainability departments, and an internal IT system to track proceeds.
• LBBW commits to allocating all Green Bond proceeds to the Eligible Green Loan Portfolio within one year of issuance and will maintain a balance of eligible loans that always exceeds the total balance of outstanding Green Bonds.
• The programme includes commitments to annual allocation and impact reporting. Impact reporting for buildings will include estimated annual GHG emissions reduced or avoided in tons of CO2 equivalent and energy consumption/savings.

APA

Climate Bonds Initiative (2018). Verification Report for Pre-Issuance Certification of the Green Bond Programme to be launched by Landesbank Baden-Württemberg. https://www.climatebonds.net/files/drupal-files/files/oekom_pre-issuance-verification_report_Public_LBBW_29012018.pdf

Chicago

Climate Bonds Initiative. Verification Report for Pre-Issuance Certification of the Green Bond Programme to be launched by Landesbank Baden-Württemberg. 2018. https://www.climatebonds.net/files/drupal-files/files/oekom_pre-issuance-verification_report_Public_LBBW_29012018.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Verification Report for Pre-Issuance Certification of the Green Bond Programme to be launched by Landesbank Baden-Württemberg |date=13 January 2018 |url=https://www.climatebonds.net/files/drupal-files/files/oekom_pre-issuance-verification_report_Public_LBBW_29012018.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018verification, author = {{Climate Bonds Initiative}}, title = {{Verification Report for Pre-Issuance Certification of the Green Bond Programme to be launched by Landesbank Baden-Württemberg}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jan, url = {https://www.climatebonds.net/files/drupal-files/files/oekom_pre-issuance-verification_report_Public_LBBW_29012018.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }