April 06, 2021 - About seven month after placing its first green bond on the market, Daimler won the Environmental Finance Bond Award in the category Green Bond of the Year/Corporate.
In September 2020, Daimler issued the first green bond of EUR 1 billion, followed by the second green bond of the same amount in February 2021. With the net proceeds from the emissions, Daimler finances only green projects. For example, the financial resources from both green bonds will be used for the new all-electric Mercedes-Benz EQS.
With the award, the online platform Environmental-Finance.com recognizes Daimler’s promotion of green finance as an important element of our sustainable business strategy.
The high oversubscription in the issuance of the first two green bonds also illustrates the high demand of investors for sustainability bonds and the increased interest in Daimler’s ESG strategy.
With our green bonds, we are driving the transformation of our company towards carbon-neutral mobility and production. The bonds follow the principles of the Daimler Green Finance Framework, which is rated "Dark Green" by Cicero. The strong demand for our green bonds shows Daimler's attractiveness for investors as well as its confidence in our sustainable business strategy.
Environmental-Finance.com is an online news and analytics service founded in 1999 that reports on sustainable investment, environmentally friendly financing and people and businesses operating in environmental markets. With the "Environmental Finance Bond Awards", the platform recognizes outstanding activities in green, social and sustainability bonds as well as pioneering market participants.