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
AraratBank Donates AMD 8 million to the Reconstruction of the Spandaryan CanalUnibank Launches Gift Cards New Education Platforms through Cooperation between AraratBank and Aren Mehrabyan FoundationTech Innovator and Winemaker Adam Kablanian Joins the Board of Trustees of the “Music for Future” FoundationUcom Reopens Sales and Service Center on Tigran Mets Avenue AraratBank Receives Visa Trusted Partnership Award 2025 Secret Santa at idplus: Anonymous Gift CardsWe condemn the unlawful actions by Armenia’s Gov. against the Armenian Apostolic Church. Jan Figel Free Style issues Armenia’s first corporate bonds in the fashion retail sector, placed by Cube InvestUnibank Completed the Placement of Its Third Issuance of Perpetual BondsScholarship for 100 Artsakh Students as Part of IDBank’s “Side by Side” Program The results of the second Junius financial literacy competition have been summarized From idea to implementation: Ameriabank Presents the Programs Implemented under My Ameria, My Armenia CSR Campaign Ucom and SunChild Launch the “Smart Birdwatching” Educational Program AraratBank Supports Digitization of "Karin" Scientific Center ArchiveWelcome to the ID booth: Big Christmas MarketWidest 5G Coverage, the Launch of the Uplay Platform, and the Integration of Cerillion: Ucom Summarizes 2025 Ucom and Armflix Present “13 Seconds” at KinoPark How to Choose a Career Path and What Skills are Considered Crucial: AraratBank on the GoTeach Platform Unibank Issues a New Tranche of Perpetual Bonds with 13.75% Coupon
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.