Here’s every bond in the portfolio:
As of 09/27/2024
Issuer
Project Types
CO2e Avoided per $1m Invested
Clean Energy Financed
Existing Energy Demand Reduced By
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AES
Energy Efficiency
Solar
Wind
CO2e Avoided per $1m Invested
581.6 tons
Clean Energy Financed
2543 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
AES is a publicly listed utility based out of Virginia. They used the proceeds of this 2020 bond to bring almost 60 renewable energy projects online and fund a series of smart meter upgrades so they can deliver cleaner power to their customers more efficiently.
ISIN:
US00130HCE36
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Avangrid
Wind
CO2e Avoided per $1m Invested
1537 tons
Clean Energy Financed
975 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Avangrid used the proceeds of this Green Bond to build 5 utility scale wind projects that are now helping decarbonize the grids of: New Mexico, Texas, Oregon, and Illinois.
ISIN:
US05351WAB90
Bank of America
Solar
Wind
Other
CO2e Avoided per $1m Invested
811.2 tons
Clean Energy Financed
3420 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
The big banks play a critical role in financing utility scale renewable energy. They are the only ones who can use the passive income tax credits at scale. With this bond, BoA enabled major renewables developers like Apex, Pattern, and SunPower to finance and build their projects.
ISIN:
US06051GKE88
Equinix
Energy Efficiency
Wind
CO2e Avoided per $1m Invested
488.9 tons
Clean Energy Financed
107 MW's
Existing Energy Demand Reduced By
64 MWh's
About:
Equinix is a major building and owner of databases and databases use a lot of power, especially with the rise of AI. Equinix used the proceeds of this bond to construct three new database complexes in the US, Singapore, and the UK) who's advanced energy efficiency enables them to perform the same compute with significantly less energy. They also financed the construction of a utility scale wind farm in Texas.
ISIN:
US29444UBL98
Goldman Sachs
Energy Efficiency
Wind
CO2e Avoided per $1m Invested
340.4 tons
Clean Energy Financed
83 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Goldman Sachs used the proceeds from this green and sustainable bond to finance over $200m to construct a wind farm in Texas and enable smart metering systems for more efficient delivery of electricity.
ISIN:
US38141GXS82
Sonoco
Other
CO2e Avoided per $1m Invested
0 tons
Clean Energy Financed
0 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Sonoco is the world's leading producer of packaging. Most of their products are used once and then discarded. They used this green bond to acquire a major producer of aluminum cans that can be recycled infinitely, thus improving the circularity of their supply chain and sending a market signal that major packaging players are looking to acquire circular packaging companies.
ISIN:
US835495AM47
Hannon Armstrong
Solar
Wind
Energy Efficiency
CO2e Avoided per $1m Invested
tons
Clean Energy Financed
MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Hannon Armstrong is a US-based renewable energy and green infrastructure investor that is mandated to only invest in carbon negative and neutral projects. While they do disclose the estimated CO2e avoided from this bond, they do not disclose the specific projects, something we are engaging with their investor relations team to address.
ISIN:
US418751AE33
Honda
Other
CO2e Avoided per $1m Invested
0 tons
Clean Energy Financed
0 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Honda Motor Corp issued this green bond to raise capital to specifically use to bring their products (cars, motorcycles, etc.) to be carbon neutral. We are engaging with their investor relations to get a specific disclosure on use of funds and impact. Until then, we have put their emissions reduction as zero.
ISIN:
US438127AA08
Jabil
Solar
Wind
Other
CO2e Avoided per $1m Invested
3680 tons
Clean Energy Financed
0 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Jabil is an advanced manufacturer that touches many industries. They used the proceeds of this bond to launch new products to accelerate the EV transition as well as purchase more renewable energy to power their operations
ISIN:
US466313AM58
LG Energy Solutions
Other
CO2e Avoided per $1m Invested
tons
Clean Energy Financed
0 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
LG Energy Solutions is one of the largest manufacturers of batteries in the world, particularly EV and energy storage batteries, two critical climate solutions. They raised this green bond recently and we are still awaiting their first impact report.
ISIN:
US50205MAA71
Santander Holdings USA
Solar
Wind
CO2e Avoided per $1m Invested
508.5 tons
Clean Energy Financed
258 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Santander USA is the US subsidiary of UK's Santander Bank. They used the proceeds of this green bond to provide the initial financing for three renewable energy projects and then refinance and buy out the developers for another six, providing the capital back to the developers so they can go build new projects. They also used the funds to finance the construction of over 5,000 units of affordable housing.
ISIN:
US80282KBE55
Southern Company
Wind
CO2e Avoided per $1m Invested
2576 tons
Clean Energy Financed
400 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Southern Company is an Atlanta-based electrical utility. They used the proceeds of this bond to buy out the developers from two wind projects in Oklahoma and South Dakota.
ISIN:
US843646AW05
State Street
Solar
CO2e Avoided per $1m Invested
162 tons
Clean Energy Financed
32 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
State Street is a global finance firm that used the proceeds of this bond to finance three renewable energy projects, two LEED certified, energy-efficient buildings, and over 15,000 units of affordable housing
ISIN:
US857477BX07
Avangrid
Wind
Solar
CO2e Avoided per $1m Invested
1254.3 tons
Clean Energy Financed
809 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Avangrid is a renewable energy developer that used the proceeds of this bond to repower a wind farm in Colorodo, finance three new wind farms in NY, NM, and OR, and build a solar farm in Washington
ISIN:
US05351WAC73
Avangrid
Solar
Wind
CO2e Avoided per $1m Invested
1254.3 tons
Clean Energy Financed
399 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Avangrid is a renewable energy developer that used the proceeds of this bond to build a wind farm in North Carolina, a solar farm in Oregon, and a wind farm in Colorado
ISIN:
US05351WAC73
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PNC Bank
Solar
Wind
Energy Efficiency
CO2e Avoided per $1m Invested
440.8 tons
Clean Energy Financed
2609 MW's
Existing Energy Demand Reduced By
MWh's
About:
The big banks play a critical role in financing utility scale renewable energy. They are the only ones who can use the passive income tax credits at scale. With this bond, PNC helped finance a major utility scale solar and storage project in Kings Country, California. They also used the funds to install LED lighting and motion sensors across their offices in the US, helping lower PNC's own energy use.
ISIN:
US693475BL85
Southern Copper
Other
CO2e Avoided per $1m Invested
0 tons
Clean Energy Financed
0 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Copper is one of the most critical minerals for the energy transition to a clean energy system. From electric motors to expanding the grid, we need far more copper than is currently in use to transition away from fossil fuels. While this is not a green bond, SCCO is an identified climate solution company by Carbon Collective, so can be included.
ISIN:
US84265VAH87
Wells Fargo
Solar
Wind
Other
CO2e Avoided per $1m Invested
650.4 tons
Clean Energy Financed
1636 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Wells Fargo used the proceeds of this bond to finance the construction of 2 solar farms, 6 wind farms, and a battery storage project, as well as financing over 9,000 loans for EVs.
ISIN:
US95000U3C57
Bank of America
Solar
Wind
CO2e Avoided per $1m Invested
1884.7 tons
Clean Energy Financed
MW's
Existing Energy Demand Reduced By
MWh's
About:
The Big Banks play a critical role in financing utility scale renewables, as they are the only companies in the US system that can take advantage of the passive income tax credits at scale. With this bond, BoA helped finance $2b into renewable energy across 20 projects.
ISIN:
US06051GHW24
EDF
Solar
CO2e Avoided per $1m Invested
1464 tons
Clean Energy Financed
815 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
EDF used the proceeds of this bond to finance a number of wind and solar farms across the US and Canada.
ISIN:
US268317AS33
Rabobank
Solar
Wind
Green Building
CO2e Avoided per $1m Invested
1332 tons
Clean Energy Financed
9163 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Rabobank, a major European bank, used the proceeds of this green bond to finance solar and wind projects around the world, as well as finance a large portfolio of green buildings.
ISIN:
US74977RDJ05
Mizuho
Solar
Wind
Green Building
CO2e Avoided per $1m Invested
543.7 tons
Clean Energy Financed
1429 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
Mizuho is a Japanese bank that used the proceeds of this bond to finance 6 solar and 5 wind farms, as well as construct 336 new green buildings.
ISIN:
US60687YBX67
Fifth Third Bank
Solar
Green Building
CO2e Avoided per $1m Invested
0 tons
Clean Energy Financed
1691 MW's
Existing Energy Demand Reduced By
MWh's
About:
Fifth Third is an American Regional Bank that used the proceeds of this bond to finance dozens of solar farms and green building projects across the US
ISIN:
US316773DD98
Denso
Other
CO2e Avoided per $1m Invested
0 tons
Clean Energy Financed
0 MW's
Existing Energy Demand Reduced By
0 MWh's
About:
DENSO Corporation is one of the largest manufacturers of electronics for automobiles. They aim to support the continued electrification of the auto industry. We are awaiting the impact report for this new Sustainability Bond.
ISIN:
US24872BAB62