Green Covered Bonds of Unicredit Bank Austria AG
At UniCredit Bank Austria, sustainability is part of our daily commitment and we continue to further implement environmental, social and governance (ESG) aspects across our business, risks, and people. To that end, we have issued our first inaugural Green Covered Bond in May 2022 and our second in February 2023 under the UniCredit's Sustainability Bond Framework. Proceeds from this and future bonds will be used to support eligible green projects.
UniCredit Group Sustainability Bond Framework is based on the Green Bond Principles, Social Bond Principles and Sustainability Bond Guidelines as administered by the International Capital Markets Association ("ICMA"). The Sustainability Bond Framework is also intended to be aligned, on a best effort basis and to the extent currently possible, with ongoing proposals for the EU Green Bond Standard and the Technical Screening Criteria of the EU Taxonomy Delegated Act.