Natixis puts green weighting factor to work with transition bond

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Natixis puts green weighting factor to work with transition bond

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A general view of NATIXIS building, on May 04, 2020 in Paris, France. Photo by David NIVIERE/ABACAPRESS.COM | Niviere David/ABACAPRESS.COM/ABACA/PA Images

BPCE issued a transition bond this week to finance loans made by Natixis, its corporate and investment bank. The deal gave Natixis a chance to demonstrate the value of using a green weighting factor when allocating capital to new lending, as the mechanism helped the issuer select its assets and prove its own commitment to sustainability.

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