| Invested through |
|
|---|---|
| Asset Classes | Impact bonds & Corporate bonds |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | FR0014012DH8, XS1938381628 |
| Industry group | Transportation |
| Aligned with SDGs |
The Société Nationale des Chemins de Fer Français (SNCF) is the French public railway company. Since 2020, the SNCF Group has been composed of SNCF Réseau, SNCF Gares & Connexions, Rail Logistics Europe, SNCF Voyageurs, GEODIS and Keolis. The SNCF group is particularly active in the fields of passenger and freight transport, and is responsible for the management, operation and maintenance of the national rail network owned by the State. SNCF is fully owned by the French state.
Investment rationale
While the transport sector accounts for 30% of French greenhouse gas emission, SNCF Group is committed to an ambitious plan of CO2e emission reduction. The Group aims to reduce transport and building CO2e emissions by 30% and 50%, respectively, by 2030 compared to 2015. These goals are consistent with France’s national low carbon strategy and the Paris Agreement objectives.
In total, 100% of the proceeds of green bond FR0014012DH8 are allocated to the Energy transition. The contribution to the Energy transition comes from 100% proceeds allocation to Clean Transport.
100% of the proceeds of green bond XS1938381628 is aligned with the Energy Transition. The contribution to the Energy Transition comes from 100% of proceeds allocated to the impact objective Terrestrial & Aquatic Biodiversity Conservation.