Sustainable Finance

CGD has set up its sustainable funding strategy back in 2021, via the publication of the inaugural Sustainable Finance Framework. Since then, CGD has taken important steps to further enhance its strategic ESG priorities as well as its sustainable funding strategy, by refining the Eligibility Criteria and reflecting relevant developments in the sustainability labelled bond market.

The updated Sustainable Funding Framework is aligned with the ICMA Green Bond Principles 2025, the ICMA Social Bond Principles 2025 and ICMA Sustainability Bond Guidelines 2021 and offers investors further insights into CGD’s sustainability strategy and commitment.

Under this Sustainable Funding Framework, CGD can issue three types of instruments:

• Green Funding Instruments, where an amount equivalent to the net proceeds is exclusively allocated towards the Eligible Green Project Categories as described in the use of proceeds section.
• Social Funding Instruments, where an amount equivalent to the proceeds is exclusively allocated towards the Eligible Social Project Categories as described in the use of proceeds section;
• Sustainability Funding Instruments, where an amount equivalent to the proceeds is allocated towards both Eligible Green and Social Project Categories, as described in the use of proceeds section.