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Crédit Agricole CIB Scoops Marquee ESG Financing Awards in Asia
Crédit Agricole CIB's ESG effort in Asia-Pacific is recognised by multiple prominent finance publications, a testament to the Bank's unwavering commitment and leadership to creating a positive impact. The Bank's Asia-Pacific ESG financing team is one of the largest in the market, and it is growing rapidly to support market demand. In 2024, Crédit Agricole CIB launched a local ESG financing team in Japan as part of its strategy for Asia-Pacific to better support local clients by offering market insights.
International Financing Review (IFR) commented: “Crédit Agricole CIB broke new ground by helping companies in hard-to-abate energy sectors on their energy transition, as well as crafting financings to fund specific social aims… The Bank also helped issuers add distinctive angles to their ESG deals.”
Innovation has continued to be the essence of Crédit Agricole CIB’s ESG financing strategy in Asia-Pacific. This year, Crédit Agricole CIB has arranged deals with themes including biodiversity, carbon neutrality, transition finance, and diversity, all of which were thoughtfully designed to cater to individual clients’ special needs. The Bank has also led inaugural ESG deals for Asia-Pacific clients based on international taxonomies, helping clients carry out their ESG ambitions in alignment with international guidelines outside of their home markets. The Asset recognised 24 of Crédit Agricole CIB’s sustainable finance transactions for excellence.
Despite the Bank’s continuous effort in elevating standards and bringing innovative ESG issuances to the market, Crédit Agricole CIB has remained vigilant on governance. In 2024, Crédit Agricole CIB established a six-person analytics team dedicated to ESG data to enhance compliance and reporting in line with international sustainable finance standards.
“A great performance of our sustainable finance franchise, thanks to the team’s effort and support of our business partners, making us IFR’s Asia-Pacific ESG Bank for the third time after 2019 and 2021, and the second consecutive year as The Asset’s Best Green Finance Adviser. It shows our consistency and excellence in assisting our clients in a challenging and competitive market.” said Antoine Rose, Head of Sustainable Investing Banking for Asia-Pacific and the Middle East