Caisse des Dépôts wishes to propose to investors Green, Social or Sustainability Bonds in line with robust and structuring principles for both the market and itself.
The issuance of Green, Social and Sustainability Bonds is fully consistent with Caisse des Dépôts’ strategy. As a long-term investor, Caisse des Dépôts accompanies the evolution of the French society acting mainly for the transition to a low-carbon economic model and to reduce social inequalities, in line with the Sustainable Development Goals.
⇒ Illustration: Caisse des Dépôts will use the proceeds to finance or refinance green assets (real estate assets, infrastructures for the production and storage of renewable energies, de-pollution and remediation of sites, infrastructures and sustainable transportation services, eco-efficient data center) and social assets (digital access via fiber optic networks, digital, training and professional integration organizations, Economic and Social Solidarity companies, medico-social assets).
In line with market best-practices, issuances provide transparency on the characteristics of the Green, Social and Sustainability bonds (asset selection criteria, procedures for the evaluation and selection of projects, management of proceeds) and communication in the form of reports on the commitments made (effective allocation of flows, project compliance, ESG indicators).
⇒ Illustration: Caisse des Dépôts will publish a complete annual report dedicated to the allocated bonds in the year following its issuance. This global report will include previous investments made in the context of the inaugural Green bond issuance.
The vocation of Caisse des Dépôts is to accompany the structuring of this market and as such to promote its best practices.
⇒ Illustration: Caisse des Dépôts, member Issuer of the “Green Bond Principles ” (GBP) and member Observer of the “Social Bond Principles ” (SBP) ensures compliance with its recommendations, especially that of using review and external certifications.
The definition and implementation of processes (selection of assets, assets matching, publication of reports), both internal and external, simple, clear and readable is a priority objective.
⇒ Illustration: Caisse des Dépôts integrates all the procedures specific to the Green, Social or Sustainability Bonds within its usual investment processes and procedures.
Caisse des Dépôts’ intention is to use these Green, Social and Sustainability transactions to constantly improve its processes for monitoring the impacts of assets and their relationships.
⇒ Illustration: Caisse des Dépôt initiates with its partners, a contractual work of the environmental and social objectives of the assets and their measurement.