Forbright Bank, recently rebranded from Congressional Bank, recognizes that the need to build a more resilient, sustainable, and low-carbon economy is growing increasingly urgent, which is why we will dedicate half of our assets to financing the companies, investors, operators, and innovators driving this change. As an important step towards our commitment, we are issuing our first Green Bond.
Forbright’s Green Bond issuance is a strong strategic fit with our bank-wide sustainability mission and supports our efforts to accelerate the transition to a lower carbon-intensive and more inclusive economy through financing the industries and activities most directly contributing to these goals. Forbright’s Green Financing Framework will guide its initial Green Bond issuance, for which Sustainalytics has provided a Second-Party Opinion.