DEALS Enhancing our sustainability strategy for the greater good Absa | Corporate and Investment Banking > Insights and Events > Re-anchoring our sustainability strategy for the greater good SHARE We are proud to have recently issued our first inaugural green bond raising R2.6bn across three, five and seven year maturities. The use of proceeds will be earmarked for solar and wind renewable energy projects. In 2021 we enhanced our sustainable finance strategy to find solutions that help our clients make investments that have a positive impact. Our strategic direction builds on our successes while acknowledging areas for further impact. In our refreshed strategy, environmental, social and governance (ESG) priorities were further elevated, along with our digital endeavours. This sustainable finance issuance framework is a critical tool that sets guidelines and provides a platform for originating and raising more green, social and sustainable assets. On the basis of this framework, we recently issued our first inaugural green bond raising R2.6bn across three, five and seven year maturities. The use of proceeds will be earmarked for solar and wind renewable energy projects. Our strategic theme of being an active force for good in everything we do encapsulates these ambitions. We look forward to in growing this new vision as we deliver true long-term value that allows us to be a force of unwavering positive impact. The bravery to imagine. That’s Africanacity. Contact us Read more on our Sustainable Finance Issuance Framework https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Bridging markets to unlock bold ambitions Absa Corporate and Investment Banking (CIB) acted as the sole South African bank appointed as Global Coordinator, Joint Bookrunner and Dealer Manager in the successful issuance of a US$500 million international bond for Bidvest. Read more DEALS Advancing greener goals with solar progress At Absa CIB, we believe progress is measured not only by what we build, but by the future we help shape. That’s why our R2.2 billion financing of Red Rocket’s Tournee solar project goes beyond infrastructure – it’s accelerating South Africa’s renewable energy transition for lasting impact. Read more DEALS Innovative Benchmark Solutions Advancing Oil Supply Growth We structured a unique ZARONIA-linked debt facility, to foster supply chain resilience and drive innovation in the South African FMCG sector. Read more
