Telefonica puts telco sector's first call in to green bond market

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Telefonica puts telco sector's first call in to green bond market

Green Light Cable
Data connections and led lights in an industrial building, grain visable in areas and colours removed from certain images to enhance them. | Sebastien Coell - stock.adobe.com

Spanish telecoms company Telefónica on Monday launched the first green bond in euros from the telecoms sector. The firm, rated as one of Spain’s leading companies in the fight against climate change, published its Sustainable Development Goal (SDG) framework in November but had to wait two months to sell its first green bond.

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