Second-Party Opinion Download

Project Details

Project

Johnson Controls Sustainable Finance Framework Second Party Opinion (2021)

Client

Johnson Controls International PLC

Project Type

Sustainability Linked Bond or Note

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.  

Sustainability-Linked Instruments  
Sustainability-Linked Bond Principles 2020, Sustainability-Linked Loan Principles 2021 
Sustainalytics is of the opinion that the Johnson Controls Sustainable Finance Framework aligns with the Sustainability-Linked Bond Principles 2020 and Sustainability-Linked Loan Principles 2021 (the “Sustainability-Linked Principles”). 
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/johnson-controls-sustainable-finance-framework-second-party-opinion_revised-09.07.21.pdf?sfvrsn=b7e5f754_1