Crédit Agricole CIB scoops marquee ESG financing awards in Asia

Crédit Agricole CIB's ESG effort in Asia-Pacific is recognised by multiple prominent finance publications, a testament to the Bank's unwavering commitment and leadership to creating a positive impact. The Bank's Asia-Pacific ESG financing team is one of the largest in the market, and it is growing rapidly to support market demand. In 2024, Crédit Agricole CIB launched a local ESG financing team in Japan as part of its strategy for Asia-Pacific to better support local clients by offering market insights.

International Financing Review (IFR) commented: “Crédit Agricole CIB broke new ground by helping companies in hard-to-abate energy sectors on their energy transition, as well as crafting financings to fund specific social aims… The Bank also helped issuers add distinctive angles to their ESG deals.” 

Innovation has continued to be the essence of Crédit Agricole CIB’s ESG financing strategy in Asia-Pacific. This year, Crédit Agricole CIB has arranged deals with themes including biodiversity, carbon neutrality, transition finance, and diversity, all of which were thoughtfully designed to cater to individual clients’ special needs. The Bank has also led inaugural ESG deals for Asia-Pacific clients based on international taxonomies, helping clients carry out their ESG ambitions in alignment with international guidelines outside of their home markets. The Asset recognised 24 of Crédit Agricole CIB’s sustainable finance transactions for excellence. 

Despite the Bank’s continuous effort in elevating standards and bringing innovative ESG issuances to the market, Crédit Agricole CIB has remained vigilant on governance. In 2024, Crédit Agricole CIB established a six-person analytics team dedicated to ESG data to enhance compliance and reporting in line with international sustainable finance standards.

• ESG House
• Investment-Grade Bond :
  • Deal: AIA Group US$1 billion subordinated securities

*Nominated awards will be announced on 19 March 2025

• Best Green Finance Adviser
   
• Best Bank for Sustainable Finance (nominated)*
   
• Best ESG Bank (nominated)*
   
• Best G3 Bond Adviser (nominated)*
   
• Best Green Financing:
  • Sub-category: Sustainable Finance
  • Market: India
  • Deal: Reliance Industries €301.71 million and 103.03 billion yen ECA-guaranteed facilities
     
• Best Biodiversity Bond:
  • Sub-category: Sustainable Finance
  • Market: Philippines
  • Deal: Asian Development Bank A$150 million biodiversity and nature theme bond
     
• Best Sustainability-Linked Loan – Commodities:
  • Sub-category: Sustainable Finance
  • Market: Singapore
  • Deal: Gunvor Singapore US$1.32 billion sustainability-linked loan
     
• Best Green Bond/Blue Bond – Provincial Government:
  • Sub-category: Sustainable Finance
  • Market: China - Offshore
  • Deal: People’s Government of Hainan Province of the People’s Republic of China CNH3 billion triple-tranche dim sum bond
     
• Best Green Bond/Blue Bond – Financial Institution:
  • Sub-category: Sustainable Finance
  • Market: China - Offshore
  • Deal: China Construction Bank (London) US$1 billion green bond and CNH2 billion blue bond
     
• Best Green Bond – Provincial Government:
  • Sub-category: Sustainable Finance
  • Market: China - Offshore
  • Deal: People’s Government of Guangdong Province of the People’s Republic of China CNH1.5 billion green bond
     
• Best Green Bond – Carbon Neutrality:
  • Sub-category: Sustainable Finance
  • Market: China - Offshore
  • Deal: ICBC US$1.73 billion equivalent multi-currency carbon neutrality themed senior notes
     
• Best Green Bond – Leasing:
  • Sub-category: Sustainable Finance
  • Market: China - Offshore
  • Deal: BoCom Leasing Management Hong Kong Company US$650 million senior unsecured green notes
     
• Best Social Bond – SME:
  • Sub-category: Sustainable Finance
  • Market: China - Offshore
  • Deal: China Merchants Bank (New York) US$300 million SME supportive-themed social bond
     
• Best Sustainability-Linked Loan:
  • Sub-category: Sustainable Finance
  • Market: China - Offshore
  • Deal: CDB Aviation Lease Finance US$700 million sustainability aircraft portfolio financing
     
• Most Innovative Deal:
  • Sub-category: Sustainable Finance
  • Market: China - Offshore
  • Deal: Bank of China (Frankfurt) CNH2.5 billion SGS bond
     
• Best Sustainability-Linked Loan – Agriculture:
  • Sub-category: Sustainable Finance
  • Market: China - Offshore
  • Deal: Syngenta Group (HK) Holdings Company US$4.5 billion dual-tranche sustainability-linked syndicated term loan facility
     
• Best Green Bond – Government:
  • Sub-category: Sustainable Finance
  • Market: Hong Kong
  • Deal: Hong Kong Special Administrative Region US$3.2 billion equivalent multi-currency, multi-tranche green bond
     
• Best Green Bond – Transport:
  • Sub-category: Sustainable Finance
  • Market: Hong Kong
  • Deal: MTR Corporation CNH4.5 billion dual-tranche green bond
     
• Best Social Bond:
  • Sub-category: Sustainable Finance
  • Market: Hong Kong
  • Deal: Hong Kong Mortgage Corporation US$3.06 billion equivalent multi-currency social bond
     
• Best Green Bond – Formosa:
  • Sub-category: Sustainable Finance
  • Market: South Korea
  • Deal: Shinhan Bank US$400 million green covered bond
     
• Best Social Bond:
  • Sub-category: Sustainable Finance
  • Market: South Korea
  • Deal: Industrial Bank of Korea US$800 million fixed rate and floating rate social bond
     
• Best Sustainability-Linked Bridge Financing:
  • Sub-category: Sustainable Finance
  • Market: Taiwan
  • Deal: TCC Dutch Holdings €800 million sustainability-linked bridge financing
     
• Best Green Loan – Consumer Electronics:
  • Sub-category: Sustainable Finance
  • Market: Taiwan
  • Deal: E Ink Holdings NT$3 billion debut green loan
     
• Best Bond - Sovereign:
  • Sub-category: Significant Deal
  • Market: China - Offshore
  • Deal: Ministry of Finance of the People’s Republic of China dual-tranche US$2 billion senior unsecured fixed rate bond
     
• Best Bond – Financial Institution:
  • Sub-category: Significant Deal
  • Market: China - Offshore
  • Deal: China Development Bank US$1.03 billion equivalent dual-currency bond
     
• Best Bond:
  • Sub-category: Significant Deal
  • Market: Hong Kong
  • Deal: AIA Group US$1 billion subordinated securities
     
• Best Local Currency Bond:
  • Sub-category: Significant Deal
  • Market: Hong Kong
  • Deal: Urban Renewal Authority HK$16 billion triple-tranche fixed rate notes
     
• Best Bond – Sovereign:
  • Sub-category: Significant Deal
  • Market: South Korea
  • Deal: Republic of Korea US$1 billion senior bond offering