Second-Party Opinion Download

Project Details

Project

VodafoneZiggo Sustainable Finance Framework Second-Party Opinion (2021)

Client

VodafoneZiggo

Project Type

Sustainability Bond/Loan, Sustainability Linked Bond or Note,

Location

Netherlands

Evaluation Date

Dec 2021

Evaluation Summary

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 Instruments  

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”).  

KPI 

SPT 

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 

 

Very strong 

Highly ambitious  

 

https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/vodafoneziggo-sustainable-finance-framework-second-party-opinion.pdf?sfvrsn=8eaaf558_1