Green bond

SSE issued its fifth green bond of €650m in July 2022. This, in addition to SSE’s inaugural €600m Green Bond issued in September 2017 followed by Green Bonds of €650m in September 2018, £350m in September 2019 and £500m in March 2021, means SSE continues to be the largest issuer of Green Bonds in the UK corporate sector.

The proceeds from all five of SSE’s Green Bonds were directly allocated to the refinancing of eligible green projects listed in the Green Bond Frameworks, and therefore fully employed at settlement

A commitment was given to update investors each year on the allocation of proceeds and environmental impact from the Bond. SSE’s Green Bond reports are detailed below, along with PwC LLP’s independent assurance of allocation to specific eligible green projects.

Framework for green bond reporting

Green bond reporting and assurance