Caisse des Dépôts' first sustainability bond successfully launched

Caisse des Dépôts Energie et environnement

On 13 June, Caisse des Dépôts successfully launched its first sustainability bond of €500mn with a 5-year maturity. As a long-term investor, it supports 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 of the United Nations.

90% of the funds raised through this operation will finance green projects and 10% will finance social projects, in the following fields:

  • infrastructures for the production and storage of green energy and heat;
  • green real estate;
  • site depollution and rehabilitation;
  • digital access;
  • education and professional integration;
  • social and solidarity economy;
  • social real estate;
  • healthcare and medical and social care.

 

This initial bond issue of €500mn was successful and was quickly oversubscribed to with orders for a total of over €1.4bn.

To ensure transparency, Caisse des Dépôts will publish 3 reports on an annual basis: a statement on the proper allocation of flows; a certificate attesting to the conformity of projects with the eligibility criteria; the ESG indicators relating to

 

Read the press release

 

and the appendix

 

Access all documents on the Sustainability obligation