EDC RELEASES INNOVATIVE SUSTAINABLE BOND FRAMEWORK
EDC has been issuing green bonds since 2014 and was the first Canadian financial institution to do so. Now, in addition to green bonds, EDC will issue sustainable, social and transition bonds. The new Sustainable Bond Framework is a key element of EDC’s environmental, social and governance (ESG) strategy.
EDC has intensified its focus on climate change by adding transition proceeds—which have never before been included in a bond framework by a financial institution in North America. These bonds are targeted specifically to facilitate the transition to a low-carbon economy.