The financing was almost four times oversubscribed by investors. As representatives said, the bank completed its first green bond issuance in March 2021. This project supports their ability to continue to finance projects for customers and support the transition to a lower carbon economy, as set out in the bank’s Responsible and Sustainable Business strategy, ‘Investing in Tomorrow’.
Bank of Ireland has a Sustainable Finance Fund, with more than EUR 950 million of green loans allocated to homeowners and businesses to date. The group has also reduced the carbon intensity within its own operations by 77% since 2011 across Scope 1 and 2 emissions, according to the press release.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.