April 06, 2021 – About seven month after placing its first green bond on the market, Daimler won the Environmental Finance Bond Award in the category Green Bond of the Year/Corporate.
In September 2020, Daimler issued the first green bond of EUR 1 billion, followed by the second green bond of the same amount in February 2021. With the net proceeds from the emissions, Daimler finances only green projects. For example, the financial resources from both green bonds will be used for the new all-electric Mercedes-Benz EQS.
With the award, the online platform Environmental-Finance.com recognizes Daimler’s promotion of green finance as an important element of our sustainable business strategy.
The high oversubscription in the issuance of the first two green bonds also illustrates the high demand of investors for sustainability bonds and the increased interest in Daimler’s ESG strategy.
