E.On, Toyota weave new green frameworks

By Jon Hay
02 Mar 2021

Two companies have brought out green and sustainable bond frameworks this week that take the product in new directions — EU Taxonomy compliance and introducing a completely new word to the sustainable finance lexicon: “woven”.

Toyota Motor said on Tuesday that it planned to issue up to ¥500bn ($4.7bn) of Woven Planet Bonds in yen and foreign currencies, linked to its spending on road safety, emissions reduction and mobility for the disabled.

The word “woven” alludes to Toyota’s founder Sakichi Toyoda’s invention of an ...

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