|RATING OUTLOOK||All stable|
|FUNDING VOLUME 2019/20||€10.3BN/€11BN|
|RISK WEIGHT, LCR LEVEL, SOLVENCY II||0%, Level 1 asset in the entire EU, 0%|
Yes, with a number of central banks worldwide
SUSTAINABILITY OBJECTIVE OF GSS BOND PROGRAMME
|GSS BOND PROGRAMME||Rentenbank Green Bonds|
|REFERENCE TAXONOMY FOR THE USE OF PROCEEDS||
Member of the Green Bond Principles and Social Bond Principles, alignment of the Green Bond Framework with the EU Taxonomy on a best-effort basis
|FRAMEWORK WITH WHICH THE GSS BOND PROGRAMME IS ALIGNED||Green Bond Principles, Social Bond Principles|
|EXTERNAL REVIEW PROVIDER||CICERO Shades of Green (SPO)|
PUBLIC ISSUER ESG RATINGS/SCORES
|INSTITUTION||RATING/SCORE (all unsolicited)|
#163 out of 375 diversified banks
*One of the leading sustainability rating agencies in Germany and specialist for customised environmental, social and governance research.
Rentenbank is Germany’s development agency for agribusiness. It was established by statute in 1949 as a central refinancing institution for the agricultural and food industry. Within the framework of its legal promotional mandate, Rentenbank provides low-interest loans for agriculture-related investments via other banks in line with its competition neutrality policy.
Sustainable funding strategy
Since 2013, Rentenbank has been issuing green bonds in private-placement format in different currencies. In 2019/20 Rentenbank released its sustainability and green bond web page as well as its first Green Bond Framework and nonfinancial report. Rentenbank is now looking to expand on the issuance of green private placements with public transactions under this framework, for the purpose of reaching a wider investor community.
FOR FURTHER INFORMATION PLEASE CONTACT:
Stefan Goebel, Treasurer
+49 69 2107 269
Leopold Olma, Head of Funding, Treasury
+49 69 2107 225
SSA Yearbook 2020
The annual guide to the world's most significant supranational, sovereign and agency sector issuers.