| Invested through |
|
|---|---|
| Asset Classes | Impact bonds |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | FR0013372299, FR0013409612 |
| Industry group | Railroads |
| Aligned with SDGs |
The Société du Grand Paris (SGP) is a state-owned industrial and commercial company (French EPIC, not subject to the law on private sector bankruptcies). The company is tasked primarily with designing and developing the overall scheme and infrastructure projects for the Grand Paris public transport network and carrying the project through to completion. SGP's aims to deliver the network before 2030.
Investment rationale
The Société du Grand Paris (SGP) Green Bond Programme is fully dedicated to financing the new Grand Paris Express electrified and automatic metro, including the construction of new lines and line extensions: almost 200 km of new automatic metro lines supplementing the 400 km of existing lines in the Île-de-France region; Construction and development of 68 new stations and 7 technical centres.
The project aims to improve mobility in the Île-de-France region and generate a modal shift from private car to public transport. It contributes to the development of soft mobility options such as walking or cycling.
In total, 100% of the green bonds' revenues 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.