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Second-Party Opinion Download

Project Details


PT Semen Indonesia (Persero) Tbk Sustainability-Linked Finance Framework Second-Party Opinion (2022)


PT Semen Indonesia (Persero) Tbk

Project Type

Sustainability Linked Loan

Industry Group

Construction Materials

Use of Proceeds




Evaluation Date

Oct 2022

Evaluation Summary

In this Sustainability-Linked Loan (SLL) Opinion letter, Sustainalytics assesses the SLL and whether the loan aligns with the Sustainability-Linked Loan Principles. SLLs are general purpose corporate loans in which the terms of the loan are tied to the borrower’s ESG-related performance.

As part of the assessment, Sustainalytics conducts interviews and gathers information on the following:

  • Alignment of the SLL with the company’s sustainability strategy 
  • The sustainability performance targets (SPTs) and key performance indicators (KPIs) tied to the loan
  • The company’s reporting on KPIs
  • The company’s process to collect and review KPI data