Project Details
Project
Viva Aerobus Sustainability-Linked Financing Framework Second Party Opinion (2022)
Client
Aeroenlaces Nacionales, S.A. de C.V. (Viva Aerobus)
Project Type
Transition; Sustainability Linked Bond or Note;
Industry Group
Transportation
Use of Proceeds
N/A
Location
Mexico
Evaluation Date
Sep 2022
Evaluation Summary
Sustainability-Linked Instruments
Sustainability-Linked Bond Principles 2020
Sustainalytics is of the opinion that the Viva Aerobus Sustainability-Linked Financing Framework aligns with the Sustainability-Linked Bond Principles 2020. Overview of the KPI and SPT:
| KPI | Strength of the KPI | SPT | Ambitiousness of the SPT |
| Jet fuel carbon emissions intensity per revenue passenger-kilometre (gCO2/RPK) | Very Strong | Reduce jet fuel emissions intensity by 35.4% by 2029 compared with a 2015 baseline | Highly Ambitious |
Climate Transition Finance Handbook
Sustainalytics has evaluated Viva Aerobus’ transition governance, strategy, decarbonization targets and intentions to report on its transition progress and finds the Company to be partially aligned with the recommendations of the Climate Transition Finance Handbook 2020.
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/viva-aerobus-sustainability-linked-financing-framework-second-party-opinion-(2022).pdf?sfvrsn=43440887_3