Crédit Agricole CIB named Lead manager of the Year for green bonds in the Banks category and Lead manager of the Year for social bonds in the SSA category by Environmental Finance
This award confirms Crédit Agricole CIB as a major player and its strong commitment to the green and social bond market.
Crédit Agricole CIB received the award for best lead manager of 2019 for green bonds in the “Bank” category and for social bonds in the “SSA” category. As with green bonds for environmental projects, social bonds are issued to finance projects providing essential goods, with a commitment to follow the allocation of the funds raised. The award is given by a jury composed of investors on behalf of Environmental Finance, an information and analysis site dedicated to responsible investment and green finance.
Crédit Agricole CIB has assisted many banks with their Green bonds in Europe (Berlin Hyp, BBVA, Crédit Agricole S.A., Commerzbank, DNB Boligkreditt, ING, KBC, Raiffeisen) and in Asia (Agriculture Development Bank of China, Bank of China, China Construction Bank, ICBC, Industrial Bank). The Bank was also a bookrunner for several social transactions in the public sector, both for multilateral development banks (Asian Development Bank, African Development Bank, Inter-American Development Bank, Council of Europe Development Bank), and for national development banks (ICO in Spain, NWB and BNG in Holland).
Tanguy Claquin, Global head Sustainable Banking team explains: “We are very happy to receive these awards. We are proud to support the growth of the Social and Green Bonds market over the last years and to help finance projects that include positive social and environmental impacts.”
Since 2012, Crédit Agricole CIB is one of the global leader in structuring and placing green, sustainability and social bonds. With a 6.9% market share in 2018 (source Dealogic), Crédit Agricole CIB is a leading global bookrunner for green, social and sustainability bonds and was actively involved in drafting the Social bonds guide.
Crédit Agricole CIB is the Corporate and Investment Banking arm of the Crédit Agricole Group, the world’s n°13 bank measured by Tier One Capital (The Banker, July 2018). The Bank offers its clients a comprehensive range of products and services in capital markets, investment banking, structured finance and corporate banking and provides support to clients in large international markets through its network with a presence in major countries in Europe, America, Asia Pacific and Middle East and North Africa.
For many years Crédit Agricole CIB has been committed to sustainable development. The Bank was the first French bank to sign the Equator Principles in 2003. It has also been a pioneer in Green Bond markets with the arrangement of public transactions from 2012 for a wide array of issuers (supranational banks, corporates, local authorities, banks) and was one of the co-drafter of Green Bond Principles and of the Social Bond Guidance. Relying on the expertise of a dedicated sustainable banking team and on the strong support of all bankers, Crédit Agricole CIB is one of the most active banks in the Green bonds market.