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Second-Party Opinion Download

Project Details

Project

Aegea Sustainable and Sustainability-Linked Financing Framework Second-Party Opinion (2023)

Client

Aegea Saneamento e Participações S.A.

Project Type

Sustainability Linked Bond or Note; Green Bond/Loan; Social Bond/Loan; Sustainability Linked Loan;

Industry Group

Utilities

Use of Proceeds

Renewable energy; Pollution prevention and control; Water/waste water management; Affordable basic infrastructure; Socio-economic advancement;

Location

Brazil

Evaluation Date

Sep 2023

Evaluation Summary

Use of Proceeds Instruments

Green Bond Principles 2021, Social Bond Principles 2023, Green Loan Principles 2023 and Social Loan Principles 2023 

Sustainalytics is of the opinion that the Aegea Sustainable and Sustainability-Linked Financing Framework is credible and impactful and aligns with the four core components of the Green Bond Principles 2021, Social Bond Principles 2023, Green Loan Principles 2023, and Social Loan Principles 2023. The eligible categories for the use of proceeds are aligned with those recognized by the applicable principles and are expected to lead to positive environmental and social impacts, namely: Renewable Energy; Pollution Prevention and Control; Terrestrial and Aquatic Biodiversity; Sustainable Water and Wastewater Management; Affordable Basic Infrastructure; and Socioeconomic Advancement and Empowerment.

Sustainability-Linked Instruments 

Sustainability-Linked Bond Principles 2023, Sustainability-Linked Loan Principles 2023 

Sustainalytics is of the opinion that the Aegea Sustainable and Sustainability-Linked Financing Framework aligns with the Sustainability-Linked Bond Principles 2023 and Sustainability-Linked Loan Principles 2023. 

https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/aegea-sustainable-and-sustainability-linked-financing-framework-second-party-opinion.pdf?sfvrsn=e88e2c59_1