Search Climate Insights Directory
6 results
REPORT OF FACTUAL FINDINGS (AGREED-UPON PROCEDURE)
Vigeo Eiris performed a pre-issuance verification of Société Générale SFH's 2019 Green Covered Bond, concluding that the bond's framework and nominated projects align with the Climate Bonds Standard version 2.1, specifically for low carbon residential buildings in France.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report
REPORT OF FACTUAL FINDINGS (AGREED-UPON PROCEDURE)
Vigeo Eiris conducted a pre-issuance verification of AES Tietê Energia's 2019 Green Bond, confirming that the proceeds intended for the Guaimbé and AGV solar power plants in Brazil meet the Climate Bonds Standard version 2.1 and Solar Sector Criteria version 2.0. The bond, with anticipated proceeds up to BRL 820 million, aims to finance projects with a total installed capacity of 225 MW and an expected annual electricity generation of 480 GWh. The verification found that the projects are eligible under the 'Solar' classification of the Climate Bonds Taxonomy and that the issuer has established appropriate internal processes for tracking proceeds and managing unallocated funds.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report
Report of Factual Findings Based on the Pre-Issuance Requirements of the Climate Bonds Standard
Carbon Trust Assurance Limited verified that Nedbank Limited's framework for its first green bond conforms to the Climate Bonds Standard V2.1. The bond intends to finance a portfolio of wind and solar energy projects in South Africa awarded preferred bidder status through the Renewable Energy Independent Power Producer Procurement Programme (REIPPP). The verifier found that Nedbank has established appropriate internal processes for project selection, tracking of proceeds, and management of unallocated funds, with a commitment to annual reporting and post-issuance verification.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report
PRE-ISSUANCE VERIFICATION LETTER LOW CARBON BUILDINGS CRITERIA OF THE CLIMATE BONDS STANDARD
Sustainalytics has provided a pre-issuance verification letter confirming that PKO Bank Hipoteczny SA's green covered bond framework aligns with the Climate Bonds Standard Version 2.1. The bond is intended to finance or refinance a portfolio of residential green buildings in Poland, targeting the top 15% of low carbon buildings or those achieving significant carbon emission reductions through upgrades.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report
PRE-ISSUANCE VERIFICATION REPORT (LIMITED ASSURANCE ENGAGEMENT)
Vigeo Eiris conducted a limited assurance engagement in September and October 2018, concluding that Royal Schiphol Group's 2018 first Green Bond is in conformance with the Climate Bonds Standard version 2.1. The bond's proceeds are intended to finance low carbon emissions vehicles, charging infrastructure, and the construction or refurbishment of low carbon buildings. The verification confirmed that the nominated assets meet the technical criteria for Low Carbon Buildings and Low Carbon Land Transport, though the verifier noted that the lack of quantified contributions to corporate sustainability objectives and the absence of a commitment to periodic assurance engagements are areas for improvement.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report
Independent Assurance Provider’s Limited Assurance Report
KPMG Services Proprietary Limited conducted a pre-issuance limited assurance engagement for the City of Cape Town's proposed Green Bond. The report concludes that the nominated projects and the Green Bond Framework V2.3 conform to the 'Selection of Nominated Projects & Assets' and 'Internal Processes and Controls' sections of the Climate Bonds Standard V2.1. The bond is designed to refinance existing projects, with 92.8% of the allocation dedicated to water projects and 7.2% to low-carbon transport. A specific emphasis is placed on Project 6 (flood defences), which remains subject to post-issuance assurance as the relevant Climate Bonds Standard Water Criteria Phase 2 were still in draft at the time of the report.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report