Amundi: Green Bonds Impact Report 2024

Amundi: Green Bonds Impact Report 2024

ESG-investing Fixed Income

Amundi, the leading European asset manager, announced the publication of its 2024 Green Bond Impact Report that evaluates the environmental impact  of Amundi’s flagship green bond strategies (Amundi Responsible Investing Impact Green Bond, Amundi Funds Impact Euro Corporate Short Term Green Bond, and Amundi Impact Ultra Short Term Green Bond) and their contribution to the financing of the energy transition.

Alban de Faÿ, Head of Sustainable Responsible Investment processes for Fixed Income said: 'The Green Bond Market has experienced significant growth over the past fifteen years, reaching €2,221 billion with new green bond issuance amounted to €442 billion in 2024. It has now become well-established, mature, and offers a wide range of opportunities we are committed to explore and invest in, on behalf of our clients. With our green bonds funds, we aim to finance the energy transition by investing in green bonds with positive and measurable impact on the environment and delivering returns throughout the different economic cycles. With this report, we aim to provide transparency regarding these funds, illustrating what we finance and the environmental benefits achieved.'

Our impact investing philosophy is founded on three core pillars, which form the basis of our green bond strategies:

  1. Intentionality: investing with a clear environmental objective
  2. Measurability: tracking avoided CO₂ emissions
  3. Additionality: increasing the net positive impact generated by the project or issuer’s activities

Key highlights of our Green bond strategies

  • €5.5 billion invested in green bond strategies (as of 31/12/2024)
  • +2,400 Green, Social and Sustainability bonds analyzed in Amundi’s proprietary database
  • An average of 322 tons of CO₂ emissions are avoided per €1 million invested across our three open-ended funds.
  • Main projects financed include renewable energy, green buildings, clean transport, energy efficiency and sustainable land and water use
  • All funds are SFDR Article 9 and carry demanding labels such as Greenfin (France) and Towards Sustainability (Belgium)