Starting from July 2021, Banca Popolare di Sondrio has placed 3 Senior Preferred Green Bonds on the international market dedicated to institutional investors, each worth 500 million euros, the proceeds of which are intended to finance or refinance environmentally sustainable projects/assets.

Following the market practice, in 2021 the Bank published its Green Bond Framework in alignment with the 2021 International Capital Market Association (ICMA) Green Bond Principles. In 2024 the document was updated to allow Social and Sustainability Bond issues in accordance with the ICMA 2021 Social Bond Principles and the ICMA 2022 Sustainability Bond Guidelines.

In order to provide adequate disclosure, Banca Popolare di Sondrio annually publishes its Green Bond Report, a document that provides a complete and timely disclosure on the allocation of financial resources collected and the positive environmental impacts arising from the activities financed.

All documentation related to the operation can be found in the EMTN section at the following link: https://istituzionale.popso.it/en/investor-relations/financial-operations

The key numbers of BPS’s Senior Preferred Green Bond:

a snapshot of the portfolio as of June 30, 2024

Number of Loans
Number of Loans

7,222


Look-back period > 2018
Look-back period

> 2018


Avoided GHG emissions
Avoided GHG emissions

131,000 tCO2eq


Financed assets located in Italy and Switzerland
Financed assets located in

Italy and Switzerland

Donut chart showing: green building mortgages, sustainable water and wastewater management, clean trasnportation, energy efficiency, environmentally sustainable management of living natural resources and land use, pollution prevention and control, renewable energies and green building superbonus 110%

Attachment Size
Green Bond 2023-09 - Press release 294.62 KB
Banca Popolare di Sondrio_GSS Bond Framework 2024_ENG.pdf 1.16 MB