ABN AMRO published an updated Green Bond Framework in February 2024, replacing its previous framework (the bank first issued green bonds in 2015) and bringing its sustainable-debt programme into alignment with the EU Green Bond Standard, the EU Taxonomy for sustainable activities, and the International Capital Market Association's Green Bond Principles 2021.
The EU Green Bond Standard draws on technical-screening criteria from the EU Taxonomy, a classification system that defines which economic activities can be described as environmentally sustainable.
MORTGAGES DOMINATE THE USE OF PROCEEDS
Green residential buildings — primarily energy-efficient homes in the Netherlands — make up the dominant use of proceeds across the programme.
RENEWABLE ENERGY
Beyond residential real estate, the updated framework also covers renewable-energy project-finance loans.