Second-Party Opinion Download

Sustainalytics is of the opinion that the Autonom Sustainability-Linked Finance Framework aligns with the Sustainability-Linked Bond Principles 2024 and Sustainability Linked-Loan Principles 2023. This assessment is based on the following:

Selection of Key Performance Indicators

The Autonom Sustainability Linked Finance Framework defines two KPIs: i) KPI 1: CO2 emissions intensity of the operational passenger car fleet; and ii) KPI 2: share of women in management roles (see Table 1). Sustainalytics considers KPI 1 to be very strong and KPI 2 to be strong based on their materiality, relevance, scope of applicability and comparability to external benchmarks.

Calibration of Sustainability Performance Targets

Sustainalytics considers the SPTs to be aligned with Autonom’s sustainability strategy. Sustainalytics further considers all SPTs to be ambitious based on historical performance, peer targets and science-based trajectories, as applicable. 

Financial Characteristics

Autonom has linked the financial characteristics of the instruments to achievement of the SPTs, namely a premium payment, coupon step-up or margin adjustment.

Reporting

Autonom commits to report on an annual basis on its performance on the KPIs on its website and commits to disclose relevant information that may affect the KPIs, such as: i) information on the performance and monitoring of the relevant KPI; and ii) data and explanations on adjustments to previously disclosed data and scope of reporting.

Verification

Autonom commits to have external limited assurance conducted against each SPT for each KPI at least once a year.