Ferrovie strongly believes that rail and public transport are critical for sustainable development and global efforts to combat climate change, by facilitating the modal shift away from cars into less carbon intensive modes of transport.

Ferrovie has developed a Green Bond Framework which is in accordance with the  ICMA Green Bond Principles and which aims at financing projects with a positive impact in terms of environmental and social sustainability.

Green Bonds will be issued off FS’ EMTN Programme.

On 27 March 2018 has been established the Green Bond Working Committee to carry out and update the Green Bond Framework, specifically to identify and assess the Eligible Green Projects.

FS Italiane is the first Italian Issuer to obtain the Climate Bonds Initiative certification. CBI is an international no-profit organization with the mission of encouraging a sustainable finance worldwide to fight the climate change.

This key certification, confirms the FS commitment on the environmental sustainability and full compliance of its investments programme with the ESG criteria.

In October 2020 FS Italiane has been selected for the Advisory Council for the Green Bond Principles (GBP), Social Bond Principles (SBP) e Sustainability-Linked Bond Principles (SLBP) of the International Capital Market Association (ICMA), of which FS Italiane has been a member since March 2020.

The inclusion of FS Italiane in the Advisory Council strengthen the FS Group’s commitment on sustainable finance and climate change issues.

Green Bond Framework

Third Green Bond March 2021 - Serie 17

Second Green Bond July 2019 - Serie 10

First Green Bond November 2017 - Serie 7