CORPORATE GOVERNANCE

Green Financing Framework

Green Financing Framework

Citicore has developed a Green Financing Framework under which it may issue green bonds and loans to fund selected projects that are expected to contribute to the expansion of renewables, improved forest conservation, and facilitate sustainable water and wastewater management.

 

Citicore has engaged Sustainalytics to review the Framework. Sustainalytics, a Morningstar company and a globally-recognized provider of environmental, social and governance research, ratings and data, evaluated Citicore’s Green Financing Framework and has issued a second party opinion confirming that the Framework is credible and impactful, and aligns with the four core components of the Green Bond Principles 2021, the Green Loan Principles 2021 and the ASEAN Green Bond Standards 2018.

 

To view the file, click on the link below:

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Green Financing Framework

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Second-Party Opinion by Sustainalytics

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CREIT Green Bond Pre-Issuance Review by Sustainalytics

The Green Financing Framework and Second Party Opinion can also be viewed in the Citicore Renewable Energy Corporation's Website: https://crec.com.ph/sustainability/green-financing-framework

Citicore Energy REIT Corp. (C-REIT)is the country’s first energy REIT, focused on delivering excellent value and attractive returns to shareholders by responsibly harnessing nature’s resources and empowering communities. C-REIT operates as a REIT upon compliance with the Philippine REIT Law.

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