Project Details
Project
Sumitomo Mitsui Banking Corporation Green Deposit Annual Review (2023)
Client
Sumitomo Mitsui Banking Corporation
Project Type
Sustainable Banking and Finance Services
Industry Group
Banks
Use of Proceeds
Renewable energy
Location
Japan
Evaluation Date
May 2023
Evaluation Summary
In this Annual Review letter, Sustainalytics provides a third-party assessment on whether the Eligible Loans funded through the of proceeds raised from Green Deposits are aligned with the intended use of proceeds set out in the green deposit framework. The final assurance letter can be shared with investors, added to sustainability reports or published on the issuer’s website.
As a leading provider of Second-Party Opinions, issuers and investors entrust Sustainalytics’ Annual Reviews to provide assurance that:
Eligible Loans are aligned to the eligibility criteria in the framework