Second-Party Opinion Download

Project Details

Project

Fabbrica Italiana Sintetici Sustainability-Linked Bond Second-Party Opinion (2022)

Client

Fabbrica Italiana Sintetici

Project Type

Sustainability Linked Bond or Note

Location

Italy

Evaluation Date

Jan 2022

Evaluation Summary

Sustainability-Linked Instruments  
Sustainability-Linked Bond Principles 2020 

Sustainalytics is of the opinion that the Fabbrica Italiana Sintetici Sustainability-Linked Bond Framework aligns with the Sustainability-Linked Bond Principles 2020. Overview of KPIs and SPTs: 

KPI 

SPT 

Strength of the KPI 

Ambitiousness of SPT 

Absolute scope 1 and 2 GHG emissions (tCO2) 

Reduction of absolute scope 1 and 2 GHG emissions by 20% by 2026, against a 2020 baseline 

Adequate 

Ambitious 

Freshwater consumption (m3) 

Reduce freshwater consumption by 20% by 2026, against a 2020 baseline  

Strong 

Ambitious 

Ratio of waste sent to external disposal to external recovery (%) 

Reduction of ratio of waste disposal to recovery by 20% by 2026, against a 2020 baseline 

Adequate 

Ambitious 

 
Climate Transition Finance Handbook 

Sustainalytics has evaluated FIS’s transition governance, strategy, decarbonization targets, and intentions to report on transition progress and finds the Company to be partially aligned with the recommendations of the Climate Transition Finance Handbook 2020. While FIS does not have a distinct climate transition strategy, its sustainability strategy speaks of emissions reductions and directly addresses the environmental impacts of its core business. In addition, FIS is committed to disclosing investment relevant to its transition strategy and to report on the climate-related outcomes of its implementation. 

https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/fabbrica-italiana-sintetici-sustainability-linked-bond-second-party-opinion.pdf?sfvrsn=331cee17_1