Our green and social bonds are making an impact
We believe in the importance of reporting on the impact our initiatives are making. In 2023 UniCredit SpA published its Sustainability Bond Report, related to the allocation and impact of three important, ESG-focused bonds: our €1 billion Senior Preferred Green Bond issued in June 2021, our €1 billion Senior Non-preferred Green Bond issued in November 2022, and our €155 million Retail Social Bond issued in October 2021.
The proceeds of the two green bonds have been allocated entirely towards the funding of renewable energy and green buildings, while the social bond has thus far financed 88 social impact initiatives in Italy. We continue to work towards having a positive social impact in line with our role and responsibilities as a social actor.
Our Sustainability Bond Report covers the allocation and impact of each bond in more detail, including our rationale for such financing and examples of eligible green and social assets.