Italy
Rome, Italy| Invested through |
|
|---|---|
| Asset Classes | Impact bonds |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | IT0005438004, IT0005542359 |
| Aligned with SDGs |
Triodos invests in sovereign bonds from EU member states and the UK. We only select only those countries that have no involvement in international sanctions, and that have signed and ratified international conventions on controversial weapons, human rights, labour rights, and the environment. This includes the International Labour Organization (ILO) conventions (e.g. on child labour, and forced labour), the international convention on civil and political rights, the biological and chemical weapon conventions, the non-proliferation of nuclear weapons treaty, the Paris Climate Agreement, and the convention on biological diversity, amongst others.
Investment rationale
Italy has issued green bonds to mobilise capital for the funding of projects that help meet its target of carbon neutrality by 2050. The green bonds finance projects in renewable electricity, energy efficiency, transport, pollution prevention and circular economy, protection of the environment, and biodiversity and research.
IT0005542359, IT0005438004
In total, 100% of the proceeds of both impact bonds is aligned with one or more Triodos transitions. 76% of revenues is aligned with the Energy transition and 24% of revenues is aligned with the Resource transition.
The contribution to the Resource Transition comes from 11% of proceeds allocated to the impact objective Sustainable Water & Wastewater Management , 9% of proceeds allocated to Circular Economy, and 4% of proceeds allocated to Green Buildings.
The contribution to the Energy Transition comes from 63% of proceeds allocated to the impact objective Terrestrial & Aquatic Biodiversity Conservation, 12% of proceeds allocated to Energy Efficiency, and 2% of proceeds allocated to Renewable Energy.