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To further embed the issue of sustainability in its core business, the client wanted to establish a Green Bond Framework to have a reliable basis for future issuances of “use-of-proceeds”-based environmentally sustainable financial instruments.
Our solution
The goal was to create a robust framework for green finance that is aligned with the ICMA Green Bond Principles. In formulating the framework, care was also taken to ensure that the SDGs and the EU taxonomy criteria were taken into account. In addition, the inventory data was classified, and selection criteria were defined in the framework based on this.
Client benefit
The client received a robust framework to issue 2023 bond within this framework.