Project Details
Project
M&T Investments Pte. Ltd. Sustainability Linked Bond Annual Review (2024)
Client
Lion City Rentals Pte Ltd
Project Type
Annual Review
Industry Group
Transportation
Use of Proceeds
N/A
Location
Singapore
Evaluation Date
Jun 2024
Evaluation Summary
In this sustainability-linked bond Annual Review letter, Sustainalytics reviewed the calculation of the Key Performance Indicators (KPIs) and the progress made towards achieving its Sustainability Performance Targets (SPTs). The final limited assurance letter can be shared with investors, added to bond or sustainability reports, or published on the issuer’s website.
As a leading provider of Second-Party Opinions for sustainability-linked bonds, issuers and investors entrust Sustainalytics’ Annual Reviews to provide assurance that following elements are aligned with the commitments made in the issuer’s Framework:
1. Calculation and measurement of the KPI;
2. The reporting practice of the Issuer on the KPI; and
3. The progress toward achieving the SPT.