Green Social & Sustainability Bonds Framework

In order to collect financial resources to be used to finance sustainable, green and social initiatives, we have created the Group’s “Green, Social and Sustainability Bonds Framework”.

The Green Social & Sustainability Bonds Framework, set up according to the market principles established by ICMA (International Capital Market Association), contains the details of the categories and criteria for the selection of “green” and “social” assets as well as the management of proceeds collected from the issue of green, social and sustainable bonds .

We released our first Green, Social and Sustainability Bonds Report

 

The document illustrates how the proceeds deriving from the issues, carried out respectively in July 2021 and March 2022 for € 500 and € 750 million, were allocated, and the environmental and social impacts deriving from eligible assets. The publication of the Report represents, in addition to a commitment to investors, an opportunity to share with all stakeholders the responsibility that Banco BPM has assumed with regard to environmental and social issues.