Project Details
Project
OTP Sustainable Finance Framework Impact Report (2024)
Client
OTP Group
Project Type
Impact Reports
Industry Group
Banks
Use of Proceeds
Renewable energy; Green buildings; Clean transport;
Location
Hungary
Evaluation Date
Jul 2024
Evaluation Summary
Sustainalytics has calculated the estimated impact achieved by the OTP Group
Green Loan Portfolio, eligible under the OTP Group Sustainable Finance
Framework. Since the 2022 issuance of a green bond under the framework,
EUR 1.26 billion have been allocated in the categories renewable energy, green
buildings and clean transportation, with projects located in Albania, Bulgaria,
Croatia, Hungary, Romania, Serbia and Slovenia. For a representative year, once
the projects have been completed, Sustainalytics has calculated 1,340,609 tonnes
of avoided GHG emissions in CO2e.
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/sustainability-bond-impact-report-(2024).pdf?sfvrsn=a3acbfd3_1