The Group has created the Green Bond Framework, which aims to define the rules and activities enabling the Company to issue green bonds (the “Green Bonds”) –also including any type of note, commercial paper, structured and promissory notes, and/or any other financial instrument commonly accepted in domestic and/or international markets–, to finance and/or refinance, in whole or in part, eligible assets and expenditures (the “Eligible Green Projects”) that meet the eligibility criteria defined herein (the “Eligibility Criteria”). In this way, the Group intends to obtain funds necessary to achieve the objectives set out in the Group’s Development Strategy and the ESG Strategy.
The document was prepared based on the International Capital Market Association’s principles on the issuance of green bonds (ICMA Green Bond Principles 2021 edition with June 2022 update1). In addition, the Emissions Framework refers to the EU Taxonomy (a classification system that allows the identification of environmentally sustainable activities) and to the UN Sustainable Development Goals.
The document will be in force until any green bonds issued by the Group remain are outstanding.
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