Second Party Opinion
An independent review of the selection criteria for the projects financed by green bonds and of the actual allocation of funds, provided by a so-called “second party opinion”, reassures investors that the green bond will meet their requirements. Opinions of this kind assist issuers who are actively seeking to place their green bond issues with sustainability-oriented investors, in particular.
2021
| Issuer | Type of Issuer | Type of Bond | Country | Issuance Date | Download |
|---|---|---|---|---|---|
| SMI Group | Packaging | Sustainability-Linked Bond | PE | July 2021 | Get report › |
| Royalty Pharma Plc | Bio-pharmaceutical | Social Bond | US | July 2021 | Get report › |
| Deutsche Telekom AG | Telecommunications | Sustainability-linked Bond | DE | July 2021 | Get report › |
| Banco BPM | Commercial Banks and Capital Markets | Sustainable Bonds | IT | July 2021 | Get report › |
| Prodigy Finance | Specialized Finance | Social Bonds | UK | July 2021 | Get report › |
| Equitable Holdings | Insurance | Sustainability Bond | US | June 2021 | Get report › |
| Suzano | Paper & Forest Products | Sustainability-linked Bond | BR | June 2021 | Get report › |
| Federal State of Hessen | Sovereigns | Green Bond | DE | June 2021 | Get report › |
| Banca Carige S.p.A. – Cassa di Risparmio di Genova e Imperia | Commercial Banks & Capital Markets | Social Bond | IT | June 2021 | Get report › |
| Meyer Burger Technology AG | Semiconductor Equipment | Green Bonds | CH | June 2021 | Get report › |
| Assura PLC | Real Estate | Sustainable Finance Framework | UK | June 2021 | Get report › |
| Unicredit | Bank | Sustainability Framework | IT | June 2021 | Get report › |
| Enbridge Inc. | Multi-Utilities | Sustainability-linked Bond | CA | June 2021 | Get report › |
| Oberbank AG | Public & Regional Banks | Green Bond Framework | AT | June 2021 | Get report › |
| Stonewater | Real Estate | Sustainability Bond | UK | June 2021 | Get report › |
| Repsol SA | Oil and Gas | Transition Bond | ES | June 2021 | Get report › |
| JBS S.A | Food & Beverages | Sustainability linked-bond | BR | June 2021 | Get report › |
| De Volksbank | Bank | Green Bond | NL | June 2021 | Get report › |
| Kensington Mortgage Company Limited | Mortgage Lender | Green Bond Framework | UK | June 2021 | Get report › |
| Técnicas Reunidas | Industrials | Transition Bond | ES | June 2021 | Get report › |
| CFWB | Sovereign | Social Finance Framework | BE | June 2021 | Get report › |
| Derichebourg | Metals Processing & Production | Green Bond Framework | FR | June 2021 | Get report › |
| Aargauische Kantonalbank (AKB) | Bank | Green Bond Programme Re-Verification | CH | May 2021 | Get report › |
| SBB | Real Estate | Sustainable Bond Report | SE | May 2021 | Get report › |
| Raiffeisen Bank Czech Republic | Bank | Green Bond Framework | CZ | May 2021 | Get report › |
| USAA | Insurance | Sustainability Bond Framework | US | May 2021 | Get report › |
| Energie Burgenland | Electric Utilities | Green Finance | AT | May 2021 | Get report › |
| LANXESS AG | Chemicals | Sustainability-linked Bond | DE | May 2021 | Get report › |
| Amazon.com, Inc. | Retail | Sustainable Bond Framework | US | May 2021 | Get report › |
| Couche-Tard | Retail | Green Bond Framework | CA | May 2021 | Get report › |
| CyrusOne | Real Estate | Green Bond Framework | US | May 2021 | Get report › |
| Beyond Housing | Real Estate | Sustainable Bond Framework | UK | May 2021 | Get report › |
| Orbia | Chemicals | Sustainability-linked Bond | MX | May 2021 | Get report › |
| Erste Group | Financials/Commercial banks & Capital Markets | Green Bond Framework | AT | May 2021 | Get report › |
| Helaba | Regional & Public Banks | Green Bond Framework | DE | May 2021 | Get report › |
| EQT AB | Asset Management & Brokerage | Sustainability-Linked Securities | SE | May 2021 | Get report › |
| Intershop | Real Estate | Green Bond Framework | CH | April 2021 | Get report › |
| Cassa Depositi e Prestiti SpA | Bank | Social Bond Report | IT | April 2021 | Get report › |
| ZF | Auto Components | Green Finance Instruments | DE | April 2021 | Get report › |
| Zürcher Kantonalbank | Bank | Green Bond | CH | April 2021 | Get report › |
| Angel Oak Capital Advisors, LLC | Financials/Asset Managers & Securities Brokerages | Social Bond Framework | US | April 2021 | Get report › |
| Studentbostäder i Sverige AB (SBS) | Real Estate | Sustainability Bond | SE | April 2021 | Get report › |
| MYTILINEOS | Electric Utilities | Green Bond Framework | GR | April 2021 | Get report › |
| Gecina | Real Estate | Green Bond | FR | April 2021 | Get report › |
| BNG Bank | Bank | Sustainability Bond | NL | April 2021 | Get report › |
| Berlin Hyp GA | Mortgage & Public Sector Finance | Green Bond Programme | DE | Mar 2021 | Get report › |
| TenneT | Gas and Electricity Network Operations | Green Bond | NL | Mar 2021 | Get report › |
| TenneT | Gas and Electricity Network Operations | Green Bond Framework | NL | Mar 2021 | Get report › |
| Solaris Water | Utilities/Environmental Services | Sustainability-Linked Securities | US | Mar 2021 | Get report › |
| Pfleiderer | Building materials | Sustainability-linked Bond | DE | Mar 2021 | Get report › |
| Verbund AG | Electric Utilities | Green Financing Framework | AT | Mar 2021 | Get report › |
| Pilgrims Pride Corporation | Food & Beverages | Sustainability-linked Bond | US | Mar 2021 | Get report › |
| Canary Wharf Group | Real Estate | Green Bond | UK | Mar 2021 | Get report › |
| Encavis AG (CBI) | Renewable Electricity | Green Bond | DE | Mar 2021 | Get report › |
| Faurecia | Auto Components | Green Bond Programme | FR | Mar 2021 | Get report › |
| Tikehau Capital | Financials | Sustainable Bond Framework | FR | Mar 2021 | Get report › |
| BPER Banca Group | Bank | Social Bond | IT | Mar 2021 | Get report › |
| Bayerische Landesbodenkreditanstalt | Bank | Social Bond | DE | Mar 2021 | Get report › |
| Atenor | Real Estate | Green Bond | BE | Mar 2021 | Get report › |
| Sunrun | Renewable Energy | Green Bond | US | Feb 2021 | Get report › |
| Ardagh Group SA | Packaging | Green Financing Instruments | LU | Feb 2021 | Get report › |
| UltraTech Cement Ltd | Construction Materials | Sustainability Linked Financing | IN | Feb 2021 | Get report › |
| Redes Energéticas Nacionais SGPS S.A. | Utilities | Green Bond | PT | Feb 2021 | Get report › |
| Hypo Tirol Bank AG | Bank | Social Bond | AT | Jan 2021 | Get report › |
| Eika Boligkreditt AS | Financials | Green Bond | NO | Jan 2021 | Get report › |
| SNCF SA | Transportation Infrastructure | Green Bond Programme | FR | Jan 2021 | Get report › |
| Kensington Mortgage Company Limited | Mortgage Lender | Social Bond | UK | Jan 2021 | Get report › |
| NRW.BANK | Bank | Green Bond | DE | Jan 2021 | Get report › |
| ACEA | Utilities | Green Bond | IT | Jan 2021 | Get report › |
| Movida Participações S.A | Transport & Logistics | Sustainability-Linked Securities | BR | Jan 2021 | Get report › |
| KWO | Utilities | Green Bond | CH | Jan 2021 | Get report › |
| SIMPAR S.A. | Transport & Logistics | Sustainability-Linked Securities | BR | Jan 2021 | Get report › |
2020
| Issuer | Type of Issuer | Type of Bond | Country | Issuance Date | Download |
|---|---|---|---|---|---|
| Deutsche Bank | Financials | Green Bond | DE | Dec 2020 | Get report › |
| Ellaktor | Industrials | Green Bond | GR | Dec 2020 | Get report › |
| TUHF | Real Estate | Green Bond | SA | Nov 2020 | Get report › |
| Samhällsbyggnadsbolaget i Norden AB | Real Estate | Sustainability Bond | SE | Nov 2020 | Get report › |
| Alpine Securitization | Financials | Green Commercial Paper | US | Nov 2020 | Get report › |
| LafargeHolcim | Construction Materials | Sustainability-Linked Financing | CH | Nov 2020 | Get report › |
| Münchener Hypothekenbank | Bank | Green Bond | DE | Oct 2020 | Get report › |
| Swiss Prime Site | Real Estate | Green Bond | CH | Oct 2020 | Get report › |
| Development Bank of Japan | Development Bank | Sustainable Bond Programme | JP | Sep 2020 | Get report › |
| Land Nordrhein-Westfalen | Regional Authority | Sustainability Bond | DE | Sep 2020 | Get report › |
| BNP Paribas | Bank | Green Bond Programme | FR | Sep 2020 | Get report › |
| Wereldhave Belgium | Real Estate | Green Bond | BE | Sep 2020 | Get report › |
| Africa Finance Corporation | Supranational | Green Bond | NG | Sep 2020 | Get report › |
| Cassa Depositi e Prestiti S.p.A. | Bank | Social Bond | IT | Sep 2020 | Get report › |
| Vivint Solar | Renewable Energy | Green Bond | US | Sep 2020 | Get report › |
| Rabobank | Bank | Sustainable Funding Framework | NL | Sep 2020 | Get report › |
| Assura | Healthcare Real Estate | Social Bond | UK | Sep 2020 | Get report › |
| Suzano SA | Paper & Forest Products | Sustainability-Linked Securities | BR | Sep 2020 | Get report › |
| Deutsche Hypothekenbank | Bank | Green Bond | DE | Aug 2020 | Get report › |
| Federal Republic of Germany | Sovereign | Green Federal Security | DE | Aug 2020 | Get report › |
| ING Group | Bank | Green Bond | NL | Aug 2020 | Get report › |
| Nordea | Bank | Green Bond | FI | Aug 2020 | Get report › |
| Deutsche Bank | Bank | Sustainable Finance Framework | DE | Jul 2020 | Get report › |
| Tokyo Metropolitan Government | Regional Authority | Green Bond | JP | Jul 2020 | Get report › |
| Société Générale | Bank | Positive Impact Bond | FR | Jul 2020 | Get report › |
| SNCF SA (CBI) | Transportation Infrastructure | Green Bond Programme | FR | Jul 2020 | Get report › |
| Axpo Holding AG | Utilities/Electric Utilities | Green Bond | CH | Jul 2020 | Get report › |
| Deutsche Kreditbank | Bank | Green Bond Programme | DE | Jul 2020 | Get report › |
| Unédic | Financials | Social Bond | FR | Jun 2020 | Get report › |
| Mediobanca | Bank | Green & Sustainable Bond | IT | Jun 2020 | Get report › |
| Deutsche Kreditbank | Bank | Social Bond Programme | DE | Jun 2020 | Get report › |
| EnBW | Utilities/ Multi-utilities sector | Green Bond | NL | Jun 2020 | Get report › |
| EnBW (CBI) | Utilities/ Multi-utilities sector | Green Bond | NL | Jun 2020 | Get report › |
| Hypo Noe | Bank | Green Bond | AT | Jun 2020 | Get report › |
| NRW.BANK | Bank | Social Bond | DE | May 2020 | Get report › |
| BASF | Chemicals | Green Bond | DE | May 2020 | Get report › |
| Enexis Holding N.V. | Utilities/Network Operators | Green Bond | NL | Jun 2020 | Get report › |
| Alpine Securitization | Financials | Green Commercial Paper | US | Jun 2020 | Get report › |
| Alliander | Utilities/Network Operators | Green Bond | NL | Jun 2020 | Get report › |
| Aargauische Kantonalbank | Bank | Green Bond | CH | May 2020 | Get report › |
| Credit Suisse | Bank | Green Debt Financing | US | May 2020 | Get report › |
| ING (CBI) | Bank | Green Bond | NL | May 2020 | Get report › |
| Zürcher Kantonalbank | Bank | Green Bond | CH | Apr 2020 | Get report › |
| TenneT | Utilities/Electric Utilities | Green Bond | NL | Apr 2020 | Get report › |
| ING Bank Hipoteczny (CBI) | Bank | Green Bond | PL | Apr 2020 | Get report › |
| Deutsche Bank | Bank | Green Bond | DE | Apr 2020 | Get report › |
| Cassa Depositi e Prestiti S.p.A. | Bank | Social Bond Report | IT | Apr 2020 | Get report › |
| Berlin Hyp AG | Bank | Green Bond Program Re-Verification | DE | Apr 2020 | Get report › |
| Alpine Securitization | Financials | Green Commercial Paper | US | Apr 2020 | Get report › |
| European Locomotive Leasing (CBI) | Transportation | Green Private Placement | LU | Apr 2020 | Get report › |
| Wereldhave N.V. | Real Estate | Green Bond | NL | Mar 2020 | Get report › |
| Vorarlberger Landes- und Hypothekenbank | Bank | Green Bond | CH | Mar 2020 | Get report › |
| Encavis AG (CBI) | Renewable Energy | Green Bond | DE | Feb 2020 | Get report › |
| SNCF SA | Transportation Infrastructure | Green Bond Programme | FR | Feb 2020 | Get report › |
| Bayerische Landesbank | Bank | Green Bond | DE | Feb 2020 | Get report › |
| Municipality Finance | Financials | Social Bond | FI | Feb 2020 | Get report › |
| TenneT | Utilities/Electric Utilities | Green Bond Framework | NL | Jan 2020 | Get report › |
| NRW.Bank | Bank | Green Bond | DE | Jan 2020 | Get report › |
| Eco Energy World (CBI) | Renewable Energy | Green Bond | UK | Jan 2020 | Get report › |
2019
| Issuer | Type of Issuer | Type of Bond | Country | Issuance Date | Download |
|---|---|---|---|---|---|
| Your Nature Partners | Leisure | Green Bond | BE | Dec 2019 | Get report › |
| BayernLabo | Bank | Green Bond | DE | Dec 2019 | Get report › |
| Ellaktor | Industrials | Green Bond | GR | Nov 2019 | Get report › |
| BNP Paribas | Bank | Green Bond | FR | Nov 2019 | Get report › |
| Intesa Sanpaolo | Bank | Sustainability Bond | IT | Nov 2019 | Get report › |
| Land Nordrhein-Westfalen | Regional Authority | Sustainability Bond | DE | Oct 2019 | Get report › |
| Nassauische Heimstätte Wohnungs – und Entwicklungsgesellschaft mbH | Real Estate | Green Bond | DE | Oct 2019 |
Get EN report › Get DE report › |
| Deutsche Hypothekenbank | Bank | Green Bond Program Re-Verification | DE | Oct 2019 | Get report › |
| Land Nordrhein-Westfalen | Regional Authority | Sustainability Bond | DE | Oct 2019 | Get report › |
| Nordea | Bank | Green Bond | FI | Sept 2019 | Get report › |
| Stedin | Utilities/Network Operators | Green Bond | NL | Sept 2019 | Get report › |
| ING Bank Hipoteczny (CBI) | Bank | Green Bond | PL | Sept 2019 | Get report › |
| NRW.Bank | Bank | Green Bond | DE | Sept 2019 | Get report › |
| Landesbank Baden-Württemberg | Bank | Social Bond | DE | Sept 2019 | Get report › |
| ING Bank Hipoteczny | Bank | Green Bond | PL | Sept 2019 | Get report › |
| Barclays | Bank | Green Bond | UK | Sept 2019 | Get report › |
| ABN AMRO (CBI) | Bank | Green Bond | NL | Sept 2019 | Get report › |
| Münchener Hypothekenbank eG | Bank | Green Bond Program Re-Verification | DE | July 2019 | Get report › |
| EnBW | Utilities/Multi Utilities | Green Bond | DE | July 2019 | Get report › |
| EnBW (CBI) | Utilities/Multi Utilities | Green Bond | DE | July 2019 | Get report › |
| SNCF Réseau | Transportation Infrastructure | Green Bond Programme | FR | July 2019 | Get report › |
| Tokyo Metropolitan Government | Regional Authority | Green Bond | JP | July 2019 | Get report › |
| NatWest Markets | Bank | ESG Investment Product | UK | July 2019 | Get report › |
| BKW AG | Utilities/Electric Utilities | Green Bond | CH | June 2019 | Get report › |
| Hera | Utility | Green Bond | IT | June 2019 | Get report › |
| Alliander NV | Utilities/Network operators | Green Bond | NL | June 2019 | Get report › |
| Credit Suisse | Bank | Green Bond | CH | June 2019 | Get report › |
| BayWa AG | Industrials | Green Bond | DE | May 2019 | Get report › |
| Landesbank Baden-Württemberg | Bank | Green Bond | DE | May 2019 | Get report › |
| Porsche AG | Automobile | Green Bond | DE | April 2019 | Get report › |
| Berlin Hyp AG | Bank | Green Bond Program Re-Verification | DE | April 2019 | Get report › |
| Zürcher Kantonalbank | Bank | Green Bond | CH | Apr 2019 | Get report › |
| De Volksbank (CBI) | Bank | Green Bond | NL | Apr 2019 | Get report › |
| Raiffeisen | Bank | Sustainability Bond | CH | Apr 2019 | Get report › |
| De Volksbank | Bank | Green Bond | NL | Apr 2019 | Get report › |
| ABN AMRO | Bank | Green Bond | NL | Mar 2019 | Get report › |
| ABN AMRO (CBI) | Bank | Green Bond | NL | Mar 2019 | Get report › |
| UBI Banca | Bank | Green Bond | IT | Mar 2019 | Get report › |
| TenneT | Utilities/Electric Utilities | Green Bond | NL | Mar 2019 | Get report › |
| Land Nordrhein-Westfalen | Regional Authority | Sustainability Bond | DE | Feb 2019 | Get report › |
| Kanton Basel Stadt | Regional Authority | Green Bond | DE | Jan 2019 | Get report › |
| BNP Paribas | Bank | Green Bond | FR | Jan 2019 | Get report › |
2018 - 2017
| Issuer | Type of Issuer | Type of Bond | Country | Issuance Date | Download |
|---|---|---|---|---|---|
| NRW.Bank | Bank | Green Bond | DE | Dec 2018 | Get report › |
| LBBW | Bank | Social Bond | DE | Dec 2018 | Get report › |
| Nordea | Bank | Green Bond | FI | Nov 2018 | Get report › |
| ING | Bank | Green Bond | NL | Oct 2018 | Get report › |
| ING (CBI) | Bank | Green Bond | NL | Oct 2018 | Get report › |
| ABN Amro (CBI) | Bank | Green Bond | NL | Oct 2018 | Get report › |
| DKB | Bank | Social Bond | DE | Sept 2018 | Get report › |
| Encavis (CBI) | Renewable Energy | Green Bond | DE | Aug 2018 | Get report › |
| Bayerische Landesbodenkreditanstalt | Bank | Green Bond Re-verification | DE | Oct 2018 | Get report › |
| EnBW | Utilities/Multi Utilities | Green Bond | DE | Oct 2018 | Get report › |
| Tokyo Metropolitan Government | Regional Authority | Green Bond | JP | Oct 2018 | Get report › |
| Münchener Hypothekenbank | Bank | Ecological ESG Pfandbrief | DE | TBC | Get report › |
| Deutsche Hypothekenbank | Bank | Green Bond Program Re-Verification | DE | Sep 2018 | Get report › |
| Kanton Basel-Stadt | Regional Authority | Green Bond | CH | Sep 2018 | Get report › |
| Deutsche Kreditbank | Bank | Green Bond Program Re-verification | DE | Apr 2018 | Get report › |
| Deutsche Kreditbank | Bank | Green Bond Program Re-verification | DE | Apr 2018 | Get report › |
| BNP | Bank | Green Bond | FR | Apr 2018 | Get report › |
| ZKB | Bank | Green Bond | CH | Apr 2018 | Get report › |
| Berlin Hyp AG | Bank | Green Bond Program Re-Verification | DE | Apr 2018 | Get report › |
| Nordea | Bank | Green Bond Re-Verification | SE | Mar 2018 | Get report › |
| Volkswagen Immobilien GmbH | Real Estate | Green Bond Program | DE | Mar 2018 | Get report › |
| Land Nordrhein-Westfalen | Regional Authority | Sustainability Bond | DE | Feb 2018 | Get report › |
| VERBUND AG | Utilities/Electric Utilities | Green Bond Re-Verification | AT | Nov 2017 | Get report › |
| Landesbank Baden-Württemberg | Bank | Green Bond Program | DE | Nov 2017 | Get report › |
| Tokyo Metropolitan Government | Regional Authority | Green Bond | JP | Oct 2017 | Get report › |
| Bayerische Landesbodenkreditanstalt | Bank | Social Bond Program | DE | Oct 2017 | Get report › |
| Deutsche Kreditbank | Bank | Green Bond Program Re-verification | DE | Sep 2017 | Get report › |
| NRW.Bank | Bank | Green Bond | DE | Sep 2017 | Get report › |
| Deutsche Kreditbank AG | Bank | Green Bond Program | DE | Sep 2017 | Get report › |
| Deutsche Hypothekenbank | Bank | Green Bond Program | DE | Aug 2017 | Get report › |
| Vorarlberger Landes- und Hypothekenbank | Bank | Green Bond | AT | Aug 2017 | Get report › |
| Natixis | Bank | Green Use of Proceeds Securitized Bonds | US | Jun 2017 | Get report › |
| Nordea | Bank | Green Bond Asset Portfolio | SE | Jun 2017 | Get report › |
| TenneT | Utilities/Electric Utilities | Green Bonds | NL | Jun 2017 | Get report › |
| Berlin Hyp AG | Bank | Green Bond Program Re-Verification | DE | Apr 2017 | Get report › |
| TenneT | Utilities/Electric Utilities | Green Bond | DE | Mar 2017 | Get report › |
| Land Nordrhein-Westfalen | Regional Authority | Sustainability Bond | DE | Feb 2017 | Get report › |
2016 - 2014
| Issuer | Type of Issuer | Type of Bond | Country | Issuance Date | Download |
|---|---|---|---|---|---|
| BNP Paribas | Bank | Green Bond | FR | Oct 2016 | Get report › |
| SNCF Réseau | Transportation Infrastructure | Green Bond Program | FR | Oct 2016 | Get report › |
| NRW.Bank | Bank | Green Bond | DE | Oct 2016 | Get report › |
| TenneT | Utilities/Electric Utilities | Green Bonds | DE | Sep 2016 | Get report › |
| Berlin Hyp | Bank | Green Bond Program | DE | Aug 2016 | Get report › |
| ABN AMRO | Bank | Green Bond | NL | Jun 2016 | Get report › |
| DKB | Bank | Green Bond | DE | Jun 2016 | Get report › |
| TenneT | Utilities/Electric Utilities | Green Bond | DE | May 2016 | Get report › |
| Berlin Hyp AG | Bank | Green Pfandbrief Re-Verifikation | DE | Apr 2016 | Get report › |
| Alliander NV | Utilities/Electric Utilities | Green Bond | NL | Apr 2016 | Get report › |
| Land Nordrhein-Westfalen | Regional Authority | Sustainability Bond | DE | Mar 2016 | Get report › |
| ING | Bank | Green Bond | NL | Nov 2015 | Get report › |
| VERBUND | Utilities/Electric Utilities | Green Bond Re-Verification | AT | Nov 2015 | Get report › |
| Deutsche Kreditbank | Bank | Green Bond Program | DE | Oct 2015 | Get report › |
| NRW Bank | Bank | Green Bond | DE | Oct 2015 | Get report › |
| ABN Amro | Bank | Climate Bond | NL | Jun 2015 | Get report › |
| TenneT | Utilities/Electric Utilities | Green Bond | NL | May 2015 | Get report › |
| Berlin Hyp | Bank | Green Pfandbrief | DE | Apr 2015 | Get report › |
| Land Nordrhein-Westfalen | Regional Authority | Sustainability Bond | DE | Mar 2015 | Get report › |
| VERBUND | Utilities/Electric Utilities | Green Bond | AT | Nov 2014 | Get report › |
| NRW.Bank | Development Bank | Green Bond | DE | Oct 2014 | Get report › |
| Münchener Hypothekenbank | Bank | ESG Pfandbrief | DE | Sep 2014 | Get report › |
Obtain an independent assessment of the environmental and social quality of your green bonds.
