BXP Green Bond Framework

BPLP may, from time to time, issue Green Bonds consistent with BXP’s Green Bond Framework (the “Framework”). This Framework is intended to govern the terms applicable to our Green Bond issuance(s), including the manner in which we propose to allocate net proceeds to the financing and refinancing of “Eligible Green Projects,” define “Eligible Green Projects,” and the related tracking and reporting obligations.

Our Framework aligns with the June 2021 Green Bond Principles (“GBP”) issued by the International Capital Markets Association (“ICMA”), which are voluntary process guidelines that recommend transparency and disclosure and promote integrity in the development of the Green Bond market by clarifying the approach for issuance of a Green Bond.

To read the full BXP Green Bond Framework, download the attached document.