Project Details
Project
Commerzbank AG Green Bonds Impact Report (2024)
Client
Commerzbank AG
Project Type
Impact Reports
Industry Group
Banks
Use of Proceeds
Renewable energy
Location
Germany
Evaluation Date
Dec 2024
Evaluation Summary
Sustainalytics has calculated the estimated impact achieved by the 2020 Green Bond, 2022 Green Bond and 2023 Green Bond (collectively, the “Commerzbank Green Bonds”) issued by Commerzbank AG (“Commerzbank”) in September 2020, June 2022 and September 2023, respectively. Since issuance, EUR 1,607 million has been allocated to investments globally in the Renewable Energy category. For the representative year, Sustainalytics has calculated 1,357,807 tonnes of carbon dioxide equivalents in avoided GHG emissions.
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