ESG bonds impact reports

For our ESG bond issuance, both under the current Sustainable Finance Framework, as well as under the former best-in-class framework, we provide annual impact reporting.

Impact reporting

Impact reporting is presented annually for each of the two sub-frameworks. The addenda to the impact reports highlight the applicable allocation criteria. The auditor’s report in respect of the summary reports can also be found below.

A full list of ESG bonds issued is available via the usual market data providers (e.g. Bloomberg), and is also available upon request.

Sustainability Bonds for Municipalities

• Impact Report Municipality Bonds – Summary Report (July 2025)
• Impact Report Municipality Bonds – Research Report (July 2025)

• Addendum Municipality Bonds – Summary Report (July 2025)

• Impact Report Municipality Bonds – Summary (July 2025) – Auditor’s Report
  The Auditor’s Report includes a click‑through feature. To ensure it works correctly, please download the file as a PDF before opening it.

Social Bonds for Housing Associations

• Impact Report Social Housing Bonds – Summary Report (July 2025)
• Impact Report Social Housing Bonds – Research Report (July 2025)

• Addendum Social Housing Bonds – Summary Report (July 2025)

• Impact Report Social Housing Bonds – Summary (July 2025) – Auditor’s Report
  The Auditor’s Report includes a click‑through feature. To ensure it works correctly, please download the file as a PDF before opening it.

Best-in-Class Framework

BNG issued ESG bonds under its best-in-class approach from 2014 to 2020. An SPO per issuance is provided by Sustainalytics. Impact reporting is available for each issuance in the table below.