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 Energising Progress with Africa’s Largest Standalone Battery Facility We are proud to have played a pivotal role in one of Africa’s most significant energy milestones: the Red Sands Battery Energy Storage Project which is set to become the continent’s largest standalone battery energy storage facility to date to move towards construction. Read more DEALS Supporting expansion in SA’s healthcare property market Absa CIB partners with Growthpoint Healthcare Property Holdings on a R950 million facility to finance healthcare infrastructure. Read more DEALS Connecting African Growth with Global Capital Absa Corporate and Investment Banking supported Ecobank Transnational Inc.’s (ETI) landmark $125 million Eurobond Tap - the first African financial institution issuance in international markets following the tariff-related US market disruption. Read more
