Stock exchanges play a vital role in the green transformation of our economy. All in all, they support and channel capital flows towards sustainable corporate activities. The Vienna Stock Exchange has established a separate, transparent ESG segment for securities issuers that covers sustainable bonds. UBM is represented in the Vienna ESG Segment with its Sustainability-Linked Bond 2021-2026 (volume: 150 million euros), the Hybrid Bond 2021 (volume: 100 million euros) and the Green Bond 2023-2027 (volume: 50 million euros) that is based on UBM’s Green Finance Framework.
UBM’s Green Finance Framework provides the framework for future issues of sustainable financing instruments. This Framework has been developed in alignment with the ICMA Green Bond Principles 2021 and the LMA Green Loan Principles 2023, is based on the EU Taxonomy and is in compliance with best practices in the market. The Framework is applicable for issuance of Green Finance Instruments including Green Bonds, Green Loans and Green Schuldscheindarlehen where net proceeds will be exclusively applied to finance and/or refinance green projects with clear environmental benefits. It has been reviewed by the ESG rating and research agency ISS ESG in order to provide a second party opinion.