| Invested through |
|
|---|---|
| Asset Classes | Corporate bonds & Impact bonds |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | XS2002516446, XS1284550941 |
| Industry group | Banks |
| Aligned with SDGs |
De Nederlandse Waterschapsbank N.V. (NWB) is a financial services provider for the public sector in the Netherlands. It arranges short and long-term loans for water authorities, provinces, social housing, healthcare, educational institutions, municipalities, public-private partnerships (PPP) and activities in the field of water supply and the environment. All loans are guaranteed by the Dutch government. NWB Bank funds its activities on the international money and capital markets on the back of a very strong financial position and ratings. Since the bank was founded in 1954, its shares have been held by public authorities (81% of the bank's equity is owned by the 23 Dutch water boards, 17% by the Dutch government and 2% by the Dutch provinces).
Investment rationale
XS2002516446
The proceeds of the social bond are used to (re)finance loans given to social housing providers in the Netherlands, that are approved and guaranteed by the Dutch Social House-building Guarantee Fund (WSW), i.e. aligned with the Dutch Housing Act of 2015.
In total, 100% of the proceeds of this bond is aligned with the Societal Transition. The contribution to the Societal Transition comes from 100% of proceeds allocated to the impact objective Affordable Housing.
XS1284550941
This green bond finances projects of the water authorities related to climate change mitigation, climate change adaptation, and biodiversity measures. The bond also finances the purchase of remote sensing data from satellites for water management. The data includes national information on precipitation, evaporation and crop growth and can be used to keep a close eye on the groundwater level and the water level at flood defence systems. Early-stage detection of changes in the water level makes it possible to respond proactively.
In total, 100% of the proceeds of the bond is aligned with the Resource Transition. The contribution to the Resource Transition comes from 48% of proceeds allocated to the impact objective Circular Economy, 41% to Pollution Prevention & Control, 7% to Sustainable Water & Wastewater Management and 4% to Green Buildings.