“Sustainability as a Success Criterion“
Besides economic profitability of HCOB’s business segments, compliance with ESG criteria and their further development is an important topic for the Bank and one of the central criteria for success. In this context, the bank also conducts a comprehensive dialogue with customers, supporting them on ESG-relevant issues and possible improvements on their way to greater sustainability. The following lighthouse cases show the bank’s lending activities in this context.
Six best practice examples of HCOB’s ESG efforts in its loan portfolio
Financing environmental responsibility and innovation
With “Project Fusion”, HCOB was invited to participate in the financing of the High Tech Campus Eindhoven (HTCE), the largest privately held life science and innovation park in Europe, spanning 267,500 m2 across 43 buildings.
Transformation of a former post rail station
With the project “Alter Postbahnhof” (in English: old post rail station) in Berlin, HCOB assists J.P. Morgan Asset Management with the financing of the transformation into a modern and sustainable office location.
Financing sustainable shipping and reduction of CO2
HCOB provides a financing package worth US $ 50 million to MPC Container Ships (MPCC). Being a major player in global container tonnages since 2018, MPCC aims to take a global leadership role in sustainable shipping and reducing its CO2 footprint.
Financing of future-proof digital infrastructure in Germany
With “Project Gladstone”, HCOB provides a joint financing for a greenfield fibre rollout to Open German Fiber Holding and takes 50% of total debt which is € 115 million. The financing of Open German Fiber paves the way for sustainable digital infrastructure especially in rural regions of Germany. Read more
Financing sustainable transformation of the fuel sector
With the “Green Diesel Production Project (GDP)”, HCOB is financing, as MLA (mandated lead arranger), the build of a new and innovative refinery by HOLBORN Europa Raffinerie GmbH (with total investment costs of more than € 400 million): The future refinery will produce second-generation „green diesel“.
Financing sustainable mobility via E-Bikes and Bikes
With the “E-Bike Leasing Transaction”, HCOB provides a financing package worth € 60 million to AGL Activ Services (AGL). Specialised in providing E-Bike and Bike mobility solutions, AGL has a solid positioning in contributing to sustainable mobility in Germany. Read more