A company of LBBW
Berlin Hyp's Social Bonds - A Sustainable investment
The housing situation in Germany and the Netherlands has been under pressure for years. Rising rents and a scarce supply of housing particularly affect people with low incomes disproportionately, thus exacerbating inequality in society.
We at Berlin Hyp want to make a contribution to coping with these social challenges within the scope of our possibilities by supporting the availability of affordable housing. Loans for eligible assets are refinanced via social bonds. Social bonds represent an additional class of refinancing instruments in our ESG funding mix and complement Berlin Hyp's commitment to the markets for Green Bonds and Sustainability-Linked Bonds. A uniform Social Bond Framework serves as the basis for the issuances. It is available for download below and complies with the ICMA's Social Bond Principles. The sustainability rating agency ISS-ESG confirms the social contribution of the programme in its Second Party Opinion, also published on this website.