tpg issues a green bond and raises 100 million Swiss francs for 12 years
On Thursday, 1 September 2022, tpg successfully issued a "green bond" resulting in a raising of 100 million Swiss francs for 12 years (coupon 2.0375%). This is the first green bond launched by an autonomous public institution in Switzerland. The purpose of this fundraising is to finance the electrification of our fleet and thus allow us to offer innovative and eco-responsible mobility solutions in line with our Cap2030 corporate strategy and the Cantonal climate plan.
The loan raised by tpg will finance the acquisition of electric streetcars and buses (e-buses) in order to meet our objective of having a fleet of 100% electric vehicles by 2030. The decarbonization of the tpg fleet, in line with our CAP 2030 corporate strategy, thus represents a further step towards sustainable mobility. However, our contribution to the United Nations Sustainable Development Goals (SDGs) is not limited to this one measure. tpg is committed to a whole series of concrete actions relating to the sustainable management of water resources, energy optimization of buildings and training.
Discover our actions in favor of sustainable development and our active contribution to the United Nations' SDGs for a better planet.
