Sustainability Bonds Page

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Sustainability Bonds

TCorp is invested in the future of NSW and recognises it has a role to play in Australia's contribution to the meeting the United Nations Sustainable Development Goals.

We have established the NSW Sustainability Bond Programme which allows us to issue green, social and/or sustainability bonds, providing a mechanism for investors to contribute capital to accomplish environmental and social goals.

Read our first annual report 2019 here.

 

For More Information

Investor Relations

T: +61 2 9325 9340

Email

The NSW Sustainability Bond Programme will support a broad range of NSW Government environmental and social policies, strategies and goals.

TCorp's next issuance under the Programme will be a sustainability bond.

  • Assurance: EY has provided an Independent Reasonable Assurance Report for the post-issuance process of TCorp's inaugural TCorp Green Bond, the NSW Sustainability Bond Framework and the 2019 annual report,  confirming compliance with the Climate Bonds Standard and alignment with the 2018 ICMA Green Bond Principles, Social Bond Principles and Sustainable Bond Guidelines.
  • Second Party Opinion: Sustainalytics has issued an opinion on the credibility of the NSW Sustainability Bond Framework.
  • Certification: The November 2028 Green Bond received Climate Bonds Standard Certification.

Key documents

Item Frequency
Creating a sustainable future, NSW Sustainability Bond Programme Annual Report 2019 Annually for all outstanding green, social or sustainability bonds
NSW Sustainability Bond Framework, September 2019 At issuance of the first bond under the Framework and any subsequent updates
Pre-issuance assurance report 2018 At issuance of the first bond under the NSW Sustainability Bond Programme
Post-issuance assurance report 2019 Annually for all outstanding green, social or sustainability bonds
Second Party Opinion 2019 As required
Climate Bonds certificate for TCorp Green Bond 2018 At issuance of any Climate Bonds certified green bonds
Climate Bonds certificate for TCorp Green Term Deposit 2019 At issuance of any Climate Bonds certified green term deposits
Investor Presentation 2019 As required
Maturity Date Coupon Coupon Dates First Issue Date First Issue Yield ISIN Fed Govt.
Guarantee
Term Sheet

15-Nov-28

3.00% 15 May, 15 November 9-Nov-18 3.235% AU3SG0001878 N/A Term Sheet 15 November 2028
20-Mar-25 1.25% 20 March, 20 September 14-Nov-19 1.245% AU3SG0002025 N/A Term Sheet 20 March 2025