Berlin Hyp's Social Bonds – a Sustainable Investment

The housing markets in Germany and the Netherlands have been under pressure for years. Rising rents and a scarce supply of housing disproportionately affect people with low incomes, thereby exacerbating inequality in society.

Berlin Hyp wants to make a contribution to overcoming these social challenges within the scope of its possibilities by promoting the availability of affordable housing as part of its lending activities. Loans for eligible assets are refinanced via social bonds. Social bonds represent an additional class of refinancing instruments in Berlin Hyp's ESG funding mix and complement Berlin Hyp's commitment to the markets for Green Bonds and Sustainability-Linked Bonds. A uniform Social Bond Framework serves as the basis for the issuances. It is available for download below and complies with the ICMA's Social Bond Principles. The sustainability rating agency ISS-ESG confirms the social contribution of the program in its Second Party Opinion, also published on this website.