Initiative
Sustainability Bond
About the initiative
More funds for our socio-environmental projects
We believe in the power of the market to accelerate the transition to a new economy that thrives in harmony with society and the environment. With this conviction, in January 2021, we issued our first sustainable bond totaling USD 400 million, maturing in 2026. The proceeds will be used to finance or refinance triple-impact projects in Latin America, focusing on three priority areas:
- Environmental impact reduction: Increased use of renewable energies, energy efficiency projects, purchase of sustainable packaging and materials, and implementation of sustainable mobility.
- Financial inclusion: Financial inclusion and more credit lines for SMEs and entrepreneurs.
- Social development: Education and training projects to foster digital inclusion, and help young people enter the labor market.
The corporate debt security structure adheres to the Green Bond Principles (GBP), the Social Bond Principles (SBP), and the Sustainability Bond Guidelines, published by the International Capital Markets Association (ICMA).
Transparency
Regular reports will disclose the use of proceeds, including financial management, project evaluation and selection, and the tracking of results based on clear metrics.Key results
USD 247,61 million
Has been invested since 2021.
15 thousand more hectares
Of forest under restoration process by Regenera America.
22 million
Packages delivered by electric vehicles.
Over 126 thousand
Over 126 thousand loans made to SMEs and entrepreneurs.
Over 3,400 thousand
Young people trained in personal finances.
And there's a lot more