Tex Gunning, CEO of LeasePlan, said:
“Sustainable finance instruments are key to accelerating initiatives that help tackle climate change. With the launch of the LeasePlan Green Bond Framework, we will be able to buy more electric vehicles and accelerate the transition from internal combustion engines to alternative powertrains.
Climate change is one of the biggest issues we face today and transport is one of the biggest contributors. As a leasing company with 1.8 million cars on the road, we have a responsibility to do everything we can to support the development of a more sustainable transport system. Our aim is to help create healthier environments in our towns and cities by promoting cleaner, low-emission vehicles and the infrastructure required to make these cars a viable option for our customers.”
The LeasePlan Green Bond Framework is aligned with the Green Bond Principles and qualifies under the ‘clean transportation’ category. It is anticipated that the proceeds will support the achievement of the United Nations Sustainable Development Goals ‘Good Health and Well-Being’ (SDG 3), ‘Industry, Innovation and Infrastructure’ (SDG 9), ‘Sustainable Cities and Communities’ (SDG 11) and "Climate Action" (SDG 13). A Second Party Opinion was provided by Sustainalytics.Danske Bank, HSBC, ING and J.P. Morgan acted as joint bookrunners.
 Based on the Principles for ResponsibleInvestment (PRI) signatory status