Row rect Shape Decorative svg added to bottom 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 Strengthening Africa’s edible oil supply chain through structured trade finance Absa Corporate and Investment Banking (CIB) has successfully concluded a US$45 million Structured Trade Finance facility for White Horse Commodities FZCO (WHC) – headquartered in the UAE, is a key strategic fuel and cooking oil procurement arm of the Mount Meru Group. Read more DEALS Clean Power. Multiplied. Accelerating solar infrastructure with R2.1 billion for a resilient, diversified energy market. Absa Corporate and Investment Banking has jointly arranged and financed Anthem’s 475 MW Notsi Solar PV Project, a landmark solar development led by Anthem - a leading independent power producer in South Africa. The total cost for the Notsi Solar PV Project was circa R8.7 billion Read more DEALS Strengthening sustainable mining success Absa Corporate and Investment Banking has supported Tharisa Minerals (Pty) Ltd in advancing its next phase of growth through a multi-currency Platinum Group Metals (PGM) offtake-based Prepayment Facility. Read more
