ABN AMRO Leads in Sustainable Finance with Updated Green Bond Framework

ABN AMRO Leads in Sustainable Finance with Updated Green Bond Framework

(IN BRIEF) ABN AMRO announces the publication of an updated Green Bond Framework and Second Party Opinion on its corporate website, reaffirming its commitment to sustainable finance. As one of the first banks in Europe to issue green bonds in 2015, ABN AMRO continues to pioneer in this space by aligning its framework with the criteria of the EU Green Bond Standard, verified by an external opinion from ISS Corporate. The framework emphasizes adherence to EU Taxonomy climate change mitigation criteria, the Do Not Significant Harm principle, and Minimum Social Safeguard requirements, demonstrating ABN AMRO’s dedication to robust sustainability practices. The updated framework underscores ABN AMRO’s leadership in promoting environmental and social responsibility in the banking sector.

(PRESS RELEASE) AMSTERDAM, 15-Feb-2024 — /EuropaWire/ — ABN AMRO publishes an update of the ABN AMRO Green Bond Framework and Second Party Opinion on the corporate website.

ABN AMRO was among the first banks in Europe to issue green bonds in 2015. With this recent update, ABN AMRO reaffirms its pioneering role in sustainable finance. ABN AMRO is the first commercial bank to have aligned its framework with the criteria of the recently approved EU Green Bond Standard, evidenced by an external best-effort opinion provided by ISS Corporate.

Eligible assets and nominated projects are expected to meet the EU Taxonomy climate change mitigation criteria, adhere to the Do Not Significant Harm (‘DNSH’) principle and meet Minimum Social Safeguard requirements, underscoring ABN AMRO’s dedication to robust sustainability.

The updated Green Bond framework and Second Party Opinion can be found on:
abnamro.com/esgbonds

Media Contact:

Annedien Heilbron
Investor Relations Officer
+31 (0) 20 383 7244

SOURCE: ABN AMRO Bank N.V.