24 August 2022 | 2 min. readingtime
a.s.r. has developed a Green Finance Framework with which green bonds can be issued. The financing that is attracted in this way is invested in sustainable projects, such as renewable energy, energy efficiency, energy-efficient buildings and sustainable transport. This step is in line with the ambition of a.s.r. to play a significant role in making society more sustainable.
The Green Finance Framework of a.s.r. has strict criteria for the assets in which the bond proceeds are invested. A maximum refinancing lookback period of only two years is used for all asset classes. With this, a.s.r. investors can be assured that the proceeds of a future green bond from a.s.r. will be used for recently purchased and/or future sustainable investments. All revenues are allocated within two years at the latest.
Ewout Hollegien, CFO a.s.r.: 'We have the ambition to make a positive impact on society, the energy transition and the environment with our investment portfolio. At the same time, our investments must be of good financial quality. The Green Finance Framework that we have developed plays an important role in this. Investors who opt for a green bond from a.s.r. in the future support our vision and contribute to a more sustainable Netherlands.”
The framework has been externally tested by Sustainalytics, a Morningstar company. It complies with the ICMA Green Bond Principles (GBP) 2021 and takes into account, where possible, the European Green Bond Standard and the EU Taxonomy.