Sustainability – a lasting link between issuers and investors, Sustainable bonds

Sustainable bonds allow both issuers and investors to extend their sustainablility strategy to their funding or investment strategy. Commerzbank offers its broad expertise and many years of experience, for the benefit of issuers and investors alike:

Expert advice on structuring, marketing and execution of sustainable bond transactions
In-depth market analysis
Research and advice on ESG-related financial market regulation

At a glance

What are sustainable bonds?

There are two ways in which bonds can qualify as sustainable:

Either issue proceeds are entirely used to finance specific eligible projects, with regular reporting on how funds are used and on the sustainability impact of the respective projects.
Or structural features of the bond (usually the coupon rate) are linked to specific pre-defined sustainability targets, such as reducing the issuer’s carbon emissions.

What different types of sustainable bonds are there?

Green bonds whose proceeds finance environmental projects
Social bonds whose proceeds finance social projects
Sustainability bonds that combine both
Sustainability-linked bonds whose structural features are linked to predefined ESG targets

Benefits for you
, Pioneer and driver of the sustainable bond market

Pioneering

Back in 2007, Commerzbank² was a bookrunner on the first green bond ever issued. Since then, it has lead-managed hundreds of sustainable bonds.

Innovative

Commerzbank constantly implements stream of innovative projects, all of which contribute to continued market development.

Reliable

We are the recurring partner of choice for many satisfied clients when it comes to sustainable bond transactions, underlining our solid reputation as experts in the sustainable bond market.

What you need to know about sustainable bonds

We will help you navigate the market and regulatory environment

In-depth research on sustainable bond issuance, structures, trends and key market themes
Close communication with investors, in-depth knowledge of all stakeholders’ expectations
Ongoing analysis of regulatory developments in sustainable finance
Expert advice on implementing new regulatory standards such as the EU Green Bond Standard

Sustainable bond issuance made easy

From expert advice to effective implementation

Strategic advice: definition of relevant KPIs, selection of green or social assets³, selection of KPIs for reporting purposes, etc.
Expert advice on investor communications and marketing

Targeting investors and execution of sustainable bonds transactions:

Identifying ESG-oriented investors
Detailed analysis of buy-side ESG priorities

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With the help of the ESG-Framework we disclose all key building blocks of our sustainability strategy. Sustainability is our responsibility – and it paves the way for future success. Responsibility represents the entire sustainability spectrum of "Environment, Social and Governance (ESG)”. More information: ESG - Dimensions of Sustainability

Dresdner Bank at the time

All assets under management in the categories “Article 8 product” and “Article 9 product” are considered sustainable products at Commerzbank. “Article 8 product” – a financial product (e.g. investment fund) that takes into account and promotes environmental or social characteristics as part of its investment strategy, and “Article 9 product” – a financial product (e.g. mutual fund) that, as part of its investment strategy, seeks to make a sustainable investment as defined in the Disclosure Regulation.