Project Details
Project
Ciudad de México Sustainability Bond Second Opinion (Español)
Client
Ciudad de México
Project Type
Sustainability Bond/Loan
Industry Group
Other
Use of Proceeds
N/A
Location
Mexico
Evaluation Date
Oct 2017
Evaluation Summary
In this Sustainability Bond Second-Party Opinion, Sustainalytics provides an opinion on the credibility of bonds to be issued based on the issuer’s sustainability bond framework. Projects eligible for sustainability bond financing should have either a positive environmental impact or aim for positive societal outcomes.
As an expert in corporate environmental, social and governance research, ratings and data, issuers and investors turn to Sustainalytics’ opinions for assurance that the bonds to be issued will have a positive environmental and societal impact.
The Second-Party Opinion report includes an evaluation of:
- The issuer’s overall ESG performance and sustainability
- The intended use of proceeds and their eligibility with industry guidance (i.e., ICMA’s Sustainability Bond Guidelines)
- The issuer’s plan to manage fund proceeds
- The issuer’s planned reporting on the allocation of proceeds.