Project Details
Project
Link REIT Green Bond
Client
Link REIT
Project Type
Green Bond/Loan
Industry Group
Real Estate
Use of Proceeds
Water/waste water management; Energy efficiency;
Location
Hong Kong
Evaluation Date
Sep 2016
Evaluation Summary
In this Green Bond Second-Party Opinion, Sustainalytics provides an opinion on the credibility of bonds to be issued based on the issuer’s green bond framework. Examples of projects eligible for green bond financing include those related to renewable energy, energy efficiency, clean transportation, sustainable water and wastewater management, terrestrial and aquatic biodiversity conservation, climate change adaptation, green building, etc.
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 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 Green Bond Principles, ASEAN’s Green Bond Standards)
- The issuer’s plan to manage fund proceeds
- The issuer’s planned reporting on the allocation of proceeds.