Project Details
Project
Berlin Hyp Sustainability-Linked Bond Annual Review (2023)
Client
Berlin Hyp AG
Project Type
Sustainability Linked Bond or Note
Industry Group
Banks
Use of Proceeds
N/A
Location
Germany
Evaluation Date
Feb 2023
Evaluation Summary
In this sustainability-linked bond Annual Review letter, Sustainalytics reviewed the calculation of the Key Performance Indicators (KPIs) and the progress made towards achieving its Sustainability Performance Targets (SPTs). The final limited assurance letter can be shared with investors, added to bond or sustainability reports, or published on the issuer’s website.
As a leading provider of Second-Party Opinions for sustainability-linked bonds, issuers and investors entrust Sustainalytics’ Annual Reviews to provide assurance that following elements are aligned with the commitments made in the issuer’s Framework:
1. Calculation and measurement of the KPI;
2. The reporting practice of the Issuer on the KPI; and
3. The progress toward achieving the SPT.