Green Bonds

 

IMPACT has developed the IMPACT Green Bond Framework under which it intends to issue green bond(s) and use the proceeds to finance and refinance, existing and/or future projects that improve the environmental performance of its buildings and provide green facilities to the customers of IMPACT housing. The Framework defines eligibility criteria in five areas:

  • Green Buildings
  • Sustainable Water
  • Wastewater Management
  • Renewable Energy
  • Clean Transportation

SUSTAINALYTICS is of the opinion that the IMPACT Green Bond Framework is credible and impactful and aligns with the four core components of the Green Bond Principles 2018. This assessment is based on the following:

  • Use of proceeds
  • Project evaluation / selection
  • Management of proceeds
  • Reporting

In 2020 IMPACT engaged SUSTAINALYTICS to review the IMPACT Green Bond Framework and provide a Second-Party Opinion on the Framework’s environmental credentials and its alignment with the Green Bond Principles 2018 (GBP).  SUSTAINALYTICS, a Morningstar Company, is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies.

IMPACT Developer & Contractor Green Bonds Framework - February 2021

IMPACT Developer & Contractor Green Bond Framework Second-Party Opinion - February 2021

READ MORE

STAY CONNECTED

Leave us your email address and find out Impact news!

We will never disclose your email address and spam you. By clicking on "Subscribe", you agree with our Terms and Conditions and Information Note