Talanx issues first green bond

The green bond is an important component of Talanx’s ambitious sustainability strategy.

Green bonds are fixed-income financial instruments that are used to finance projects that make a positive contribution to sustainability. Talanx deployed this investment format in its asset management activities for the first time at the end of 2021. To do this, the Group issued a green bond with a volume of roughly EUR 500 million. In this context, Talanx published a Green Bond Framework that sets out the general conditions for financing and refinancing sustainable projects at Talanx.

The green bond is an important component of Talanx’s ambitious sustainability strategy. The funds raised from it are being used to finance and refinance green projects in the areas of renewable energy generation, plus low-energy residential and commercial real estate involving lower carbon emissions. The green bond will make a major contribution to the Group achieving its goals in the asset management area.

The bond has a term running until 2032 and has been awarded an “A–” rating by S&P Global Ratings. In addition, Sustainalytics has confirmed that Talanx’s green bond is compatible with both the Green Bond Principles issued by the International Capital Market Association (ICMA) and the EU Taxonomy.