PSP Investments Issues C$1 Bn 10-Yr Green Bond

The Public Sector Pension Investment Board (PSP Investments), one of Canada's largest pension investment managers, issued a C$1.0 billion 10-year Green Bond on February 25, 2022, under the PSP Investments Green Bond Framework, released earlier this month.

PSP Investments' Green Bond Framework is aligned with existing standards in green bond and sustainable debt markets. It has been awarded an environmental rating of Medium Green and the highest possible governance score of Excellent by CICERO Shades of Green.

The Green Bond Framework and inaugural issuance will enable PSP Investments to positively contribute to a low carbon economy and answer increasing investor demand for sustainable products.