Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
The Widely Discussed Dvin Crown Project. A New Visibility Platform for Brands Has Emerged in the Heart of YerevanAmeriabank named Most Innovative Digital Bank in Armenia, alongside 9 Global Finance Digital Banking AwardsUnibank and Picsart Academy Host Kids Day for ChildrenUnibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%Artur Hovhannisyan and the Ambassador of Bulgaria to Armenia discussed a number of programs of mutual interest to Armenia and Bulgaria A new and fantastic story was born in the heart of Yerevan—the spirit of the old city at Hayasa Hotel Old YerevanConverse Bank is Lead Sponsor of the BACEE International Banking Conference Ralph Yirikian on the Cost of Digital Transformation at the 13th Regional HR Conference You Can Now Pay with Idram on Glovo: The Long-Awaited Partnership Is Now a RealityRate.Trading: Currency Exchange on a New Digital PlatformIdram's "City of Good Deeds": From Teamwork to Real Charitable Projects Ucom and FAST Bring Together Artificial Intelligence and Green Innovation From Car Selection to Purchase – All in One Place: Ameriabank to Present its Myar.am Platform and Special Offers at Armenian Auto Show IDBank and the “Dekavva Fund” Stand with People from Artsakh Ucom Supports AI-Powered Camera Installation for Nature Conservation Dmitry Ishkhanov Opens the New Steinway’s Concert Life in Pardubice Ucom Fellowship Participants Meet Ralph Yirikian at UcomUnibank Becomes Title Sponsor of Alashkert Football ClubSergey Smbatyan’s Music for Future Foundation and the Lang Lang International Music Foundation Invite Young Pianists to Apply for the Prestigious Lang Lang Young Scholars ProgramUnibank Call Center Now Available 24/7 on Weekdays
All Timeline »
Society

Sustainalytics Confirms the Compliance of Unibank’s Green Bond Framework with the International Standards

Sustainalytics, the experts of the leading analytical company in the field of ESG, provided the second party opinion on the concept of issuing green bonds of Unibank and confirmed that it aligns with the  core components of the Green Bond Principles 2021.
The issuance of "green" bonds - securities, the proceeds from the sale of which are invested in environmental projects - is a global trend that is rapidly gathering momentum. Unibank has already started integrating the principles of environmental and social governance (ESG) responsibility into its development strategy, and in September 2022 completed the development of Unibank’s Green Bond Framework concept, according to which it plans to start issuing “green” bonds.
The attracted investments will be used to finance projects in Armenia in the areas of energy efficiency, promotion of the rational use of natural resources in agriculture, purification of water resources, and waste management. For these purposes, the bank will establish a Committee on Green Bonds and Sustainable Development Bonds.
Sustainable finance bond issuance amounted to $859 billion in 2021, the highest ever, while last year it amounted to $534.3 billion. Over half of the issue volume was in green bonds and 80% of the funds were directed to the development of renewable energy, sustainable construction and low-carbon transport.
Unibank’s team fully supports the trend towards responsible investment and care for the environment. Unibank has already implemented an environmental and social management system (ESMS) developed under the leadership of the International Finance Corporation; for the purpose of decarbonization the Bank has switched the data center to solar power batteries. The proceeds from the green bond issue will be used to implement green projects, stimulating the transition to a low-carbon, climate-resilient and green economy.
According to the summary of Sustainalytics, Unibank’s Green Bond Framework is impactful and credible. Sustainalytics expects that the eco-projects refinanced by Unibank will enhance the state of the environment and contribute to the development of “green” energy in Armenia based on the use of renewable energy sources.