VodafoneZiggo Sustainable Finance Framework Second-Party Opinion (2021)
Sustainability Bond/Loan; Sustainability Linked Bond or Note;
Use of Proceeds
Renewable energy; Clean transport; Green buildings; Energy efficiency; Eco-efficient products;
Use of Proceeds Instruments
Green Bond Principles 2021, Green Loan Principles 2021
Sustainalytics is of the opinion that the VodafoneZiggo Sustainable Finance Framework is credible and impactful and aligns with the four core components of the Green Bond Principles 2021 and Green Loan Principles 2021 (the “Use of Proceeds Principles”). The eligible categories for the use of proceeds –Renewable Energy; Energy Efficiency; Clean transportation; Circular economy adapted products, production technologies and processes and/or certified eco-efficient products; and Green Buildings – are aligned with those recognized by the Use of Proceeds Principles, and investments in these categories are anticipated to lead to positive environmental impacts.
Sustainability-Linked Bond Principles 2020, Sustainability-Linked Loan Principles 2021
Sustainalytics is of the opinion that the VodafoneZiggo Sustainable Finance Framework aligns with the Sustainability-Linked Bond Principles 2020 and Sustainability-Linked Loan Principles 2021 (the “Sustainability-Linked Principles”).
Strength of the KPI
Ambitiousness of SPT
Tonnes of carbon dioxide equivalent (tCO2e)
SPT a: to reduce absolute scope 1 and 2 GHG emissions by 50% against a 2018 baseline
SPT b: to reduce absolute scope 3 GHG emissions by 50% against a 2018 baseline