Berlin Hyp’s environmental, social and governance (ESG) mortgage covered bond dual tranche comprised of both a green and social bond, each of €500 million ($534 million), with the green bond tranche being used for loans to support energy-efficient green buildings.
In 2023, Berlin Hyp updated its green bond framework to better align its own green building criteria with the technical screening requirements of the EU taxonomy. According to its 2022 ESG Bond Report, two percent of the Green Finance Portfolio meets the EU taxonomy criteria, while 19% received a ‘very good’…
