ICADE (EPA:ICAD) - Europe’s major Green Bond Issuers launch the Corporate Forum on Sustainable Finance

Transparency directive : regulatory news

15/01/2019 17:46

Europe's major Green Bond Issuers launch the Corporate Forum on Sustainable
Finance

Through this initiative sixteen among Europe's largest companies intend to push
forward the development of sustainable finance

January 15th, 2019 - One year after the Paris Green Bond Pledge, published to
mark 2017 Climate Finance Day, sixteen European companies (EDF, EDP, ENEL,
ENGIE, Ferrovie Dello Stato Italiane, Iberdrola, Icade, Ørsted, RATP, SNCF
Réseau, Société du Grand Paris, SSE, Tennet, Terna, Tideway, Vasakronan)
have joined to set up the Corporate Forum on Sustainable Finance ("the Forum").
The Forum, designed as a permanent network for exchanging views and ideas,
brings together dynamic "Green Issuers" committed to upholding and developing
sustainable finance as a critical tool to fight climate change and to foster a
more sustainable and responsible society.

The founding companies - involved in a number of industries including
electricity utilities, clean transport infrastructures and operations,
environmental infrastructures and services, and real estate - aspire to
contribute more towards the development of a broader set of financial market
instruments under the umbrella of sustainable finance such as green and
sustainable bonds and loans, credit facilities as well as other sustainable
financing tools recognizing the sustainability of their issuers' business
model.

Representing over two-thirds of green and sustainable bond volumes issued by
European corporations, the Forum regards sustainable finance instruments as
efficient market-based tools that allocate the economic resources where they
are most needed, particularly to low-carbon and sustainable investments, which
are central to the members' corporate strategies.

Today, we join our voices to expand the commitments sealed in 2017 in order to:

* More-deeply integrate the notion of sustainability in the financial
  strategies of our respective companies;
* Work with investors to spur the development of a more sustainable economy
  through innovative financing instruments;
* Increase corporate presence in international and national forums shaping the
  development of sustainable finance markets;
* Actively participate in the processes setting the future standards and
  regulatory frameworks for sustainable finance instruments;
* Leverage on our mutual expertise and promote best practices on impact
  reporting;
* Discuss with rating agencies about more-deeply integrating SRI criteria in
  the assessment of companies' long term financial sustainability.

Sustainable finance is an exciting journey for both issuers and investors. It
is going to become an increasingly prominent issue with investors quickly
adapting to these new trends and willing to allocate capital on sustainable
initiatives.

As such, the Forum is an opportunity to put business at the forefront of the
low carbon and sustainability transition.

PRESS CONTACTS

EDF
Matthieu Stankowski
matthieu-m.stankowski@edf.fr
00 33 (1) 40 42 43 81

EDP
Rui Cabrita
rui.cabrita@edp.com
00 351 21 00 12 688

Enel
Global Media Relations
GMR@enel.com
00 39 06 8305 5699

Engie
Damien De Gaulejac
engiepress@engie.com
+33 (0)1 44 22 24 35

Ferrovie dello Stato Italiane
Carlo Valentino
c.valentino@fsitaliane.it
0039 366 647 53 73

Iberdrola
Paul Ferguson
pferguson@iberdrola.es
00 34 682 814 970

Icade
Charlotte Pajaud-Blanchard
charlotte.pajaud-blanchard@icade.fr
0033 (1) 41577119

Orsted
Ulrik Frøhlke
ulrfr@orsted.dk
00 45 99 55 95 60

Ratp Group
Press office
servicedepresse@ratp.fr
00 33 (0)1 58 78 37 37

SNCF Réseau
Audrey Breton
audrey.breton@reseau.sncf.fr
00 33 (0)1 85 57 92 00

Société du Grand Paris
Odile Chamussy
Odile.CHAMUSSY@societedugrandparis.fr

Tennet
Jeroen Brouwers
jeroen.brouwers@tennet.eu
+31263733463

Terna
Sabina Moretti
sabina.moretti@terna.it
00 39 06 83139052

Tideway
Natalie Wheble
Natalie.Wheble@tideway.london
00 44 20 3934 5891

Vasakronan
Rebecca Liljebladh Thorell
rebecca.liljebladh-thorell@vasakronan.se
00 46 72 222 15 09

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ICADE (EPA:ICAD) - Europe’s major Green Bond Issuers launch the Corporate Forum on Sustainable Finance

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