Danone issues first corporate social bond in line with ICMA guidelines

French food conglomerate Danone is the first multinational company to issue a social bond aligned with the new Social Bond Principles set out in the summer of 2017 by the International Capital Market Association.

Girl in Sao Paolo supermarket grabs Danonino yoghurts off the shelf | Photo: Danone

Since the International Capital Market Association, ICMA,  launched its princples for Social Bonds last summer no corporate social bonds have been launched. But French food conglomerate Danone just changed that by successfully issuing a 300 million Euro social bond.

CFO Cécile Cabanis said in a statement: "Creating positive impact on our ecosystem is a key enabler to drive sustainable value. This bond issuance has attracted significant interest from ESG Investors."

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Savills IM working hard on first Nordic residential investment

The global property investor has plans to expand its growing portfolio in Denmark with a new asset class, residential real estate, "very soon," says Head of Nordics Peter Broström. The manager still believes in the office and retail sectors, despite the pandemic and rising inflation.

Further reading

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch