Investor Presentaiton
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GREEN BONDS
We believe that operating in a sustainable way as an organization and encouraging our customers to do likewise not
only enhances the efficiency and resilience of our business but also helps to raise social awareness and mitigate
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some of the most pressing problems the world faces today, including rapid environmental degradation.
Green bonds
• Dec. 2014 - portfolio of certified (or in the
process of certification) assets valued at
€284m (28% of the portfolio)
2015 GTC adopted a policy to develop
the properties environmentally responsible
and resource-efficient throughout a
building's life-cycle: from planning to
design, construction, operation,
maintenance, renovation, and demolition.
⚫June 2020 - portfolio of certified (or in the
process of certification) assets valued at
€1.6b (83% of the portfolio)
BREEAM and
LEED
• Sustainanalytics has prepared Second-
Party opinion
•Proceeds from the bonds used to finance
and refinance acquisition, construction or
refurbishment of buildings which meet
recognised standards, such as BREEAM
(Very good and above) and LEED (Gold
and above)
•Projects financed and/or refinanced
using proceeds from Green Bonds shall
be evaluated and selected by a
dedicated Green Bond Committee in
accordance with the Use of Proceeds
criteria
⚫5 members, who hold senior managerial
positions in the Asset Management,
Development, Finance, Legal and Investor
Relations departments, one from each
department.
•Review the allocation of the proceeds.
•Review the management of proceeds.
•Facilitate reporting.
Green Bond
Committee
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| BOND TERMS |
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