Project Details
Project
Johnson Controls Sustainable Finance Framework Second Party Opinion (2021)
Client
Johnson Controls International PLC
Project Type
Sustainability Linked Bond or Note
Industry Group
Electrical Equipment
Use of Proceeds
N/A
Location
Ireland
Evaluation Date
Sep 2021
Evaluation Summary
Use of Proceeds Instruments
Sustainability Bond Guidelines 2021, Green Bond Principles 2021, Social Bond Principles 2021, Green Loan Principles 2021, and Social Loan Principles 2021
Sustainalytics is of the opinion that the Johnson Controls Sustainable Finance Framework is credible and impactful and aligns with the four core components of the Sustainability Bond Guidelines 2021, Green Bond Principles 2021, Social Bond Principles 2021, Green Loan Principles 2021, and Social Loan Principles 2021 (the “Use of Proceeds Principles”). The eligible categories for the use of proceeds – Eco-efficient and/or Circular Economy adapted products, production technologies and processes, Green Buildings, Pollution Prevention & Control, Sustainable Water and Wastewater Management, Clean Transportation, Renewable Energy and Socioeconomic Advancement and Empowerment, including gender inclusion – are aligned with those recognized by the Use of Proceeds Principles and will lead to positive environmental and social impacts.