Deutsche Pfandbriefbank AG

Unverified
XFID Unique Identifier for Deutsche Pfandbriefbank AG: XO12T63UMA
4 Second Party Opinions
1 Assurance Report

XF Company Profile

Extra-financial information found across 5 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction (Issuer Identity & Structure)
Deutsche Pfandbriefbank AG, Germany SPO 2023
Issuer sector/industry classification (Issuer Identity & Structure)
Financial & Insurance Activities SPO 2023
Issuer type (e.g., bank, asset manager, pension fund, REIT, utility) (Issuer Identity & Structure)
Bank SPO 2020

Green / Sustainable Finance Framework

Sustainable bond framework name and version (Green / Sustainable Finance Framework)
Deutsche Pfandbriefbank AG Green Bond Framework, March 2020 (updated April 2023) SPO 2023
Bond types covered under framework (green, social, sustainability, sustainability-linked) (Green / Sustainable Finance Framework)
Green bond SPO 2023
Framework publication date and update history (Green / Sustainable Finance Framework)
Original framework: April 28, 2020; Updated: April 27, 2023 SPO 2023
Eligible use-of-proceeds categories (Green / Sustainable Finance Framework)
Construction of buildings (built 2021 or later), acquisition and ownership of existing buildings (built prior to 2021), refurbishment investments SPO 2023
Refinanced vs. newly financed project distinction (Green / Sustainable Finance Framework)
Framework includes both financed and refinanced loans SPO 2023
Geographic scope of projects (Green / Sustainable Finance Framework)
Western and central Europe, with focus in Germany; some USA activity SPO 2023
Primary building types financed (Green / Sustainable Finance Framework)
Office buildings (most commonly financed); includes various building types SPO 2023
Allocation focus for new vs. existing buildings (Green / Sustainable Finance Framework)
Largest share of proceeds allocated to existing buildings SPO 2023

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date (External Review & Verification)
Shades of Green (formerly CICERO), April 27, 2023 SPO 2023
SPO assessment scope and methodology (External Review & Verification)
Review of allocation against Green Bond Framework criteria and impact metrics for relevance and transparency External Review 2023
SPO preliminary evaluation or credibility rating (External Review & Verification)
CICERO Light Green with Excellent governance score (2023); CICERO Light Green with Good governance score (2020) SPO 2023
External framework assessment rating (e.g., greenness evaluation) (External Review & Verification)
CICERO Light Green SPO 2020
Assurance provider name and engagement period (External Review & Verification)
Shades of Green (December 1, 2022 onwards; previously CICERO) Assurance 2023

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles (Standards & Regulatory Alignment)
Aligned SPO 2023
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines (Standards & Regulatory Alignment)
Framework aligns with ICMA's Handbook – Harmonized Framework for Impact Reporting (June 2022) External Review 2023
Alignment with EU Taxonomy for sustainable activities (Standards & Regulatory Alignment)
Framework criteria reflect EU Taxonomy's substantial contribution to climate change mitigation criteria SPO 2023

Impact Metrics & Reporting

Annual impact reporting commitment (Impact Metrics & Reporting)
Annual Green Bond Impact Reporting External Review 2023
Environmental impact metrics (quantitative) (Impact Metrics & Reporting)
Avoided emissions reported External Review 2022
Impact reporting methodology (Impact Metrics & Reporting)
Methodology for avoided emissions calculation detailed in reports External Review 2022

Proceeds Allocation & Reporting

Post-issuance allocation review by external party (Proceeds Allocation & Reporting)
Yes, annual external reviews conducted Assurance 2024

Issuance Details

Years of green bond issuance history (Issuance Details)
Since 2020 Assurance 2024
Outstanding green bond volume (Issuance Details)
Approximately EUR 25 billion in Pfandbriefe market SPO 2023

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name and version
2020 Deutsche Pfandbriefbank AG Green Bond Framework →
2023 Green Bond Framework 2020
Framework publication date
2020 2020-04-28 →
2022 April 28, 2020
Second Party Opinion provider name
2020 CICERO →
2022 CICERO Green
SPO assessment date
2020 2020-04-28 →
2022 January 27, 2022 →
2023 27 April 2023
Alignment with ICMA Green Bond Principles
2020 Alignment confirmed →
2023 Aligned with ICMA Handbook – Harmonized Framework for Impact Reporting (June 2023) →
2023 Aligned
Eligible use-of-proceeds categories
2020 Green buildings →
2023 Construction of new buildings (built 2021 or later), acquisition and ownership of existing buildings (built prior to 2021), refurbishment investments
Refinanced vs. newly financed project distinction
2020 Refinancing of existing buildings (80-85%) and new financing for existing buildings (15-20%) →
2022 Finance or re-finance →
2023 Framework covers both financed and re-financed loans →
2023 Framework includes both financing and refinancing of eligible loans
External framework assessment rating
2020 Light Green →
2023 CICERO Light Green with Excellent governance score
Sustainable bond framework name
2022 Green Bond Framework →
2023 Deutsche Pfandbriefbank AG Green Bond Framework
SPO assessment scope and methodology
2022 Review of project allocation against framework criteria and impact metrics for relevance and transparency →
2023 Review of Green Bond Impact Report against Framework criteria and impact metrics for relevance and transparency
Framework publication date and update history
2023 March 2020 →
2023 May 2023