Framework and SPO
The Sustainable Finance Framework, aligned with the Green Bond Principles, Social Bond Principles and Sustainability Bond Guidelines published in June 2021 by the International Capital Market Association, offers investors further insights into CGD’s sustainability strategy and commitment.
Under this Sustainable Finance Framework, CGD can issue three types of instruments:
- Green Financing Instruments – the proceeds of which are exclusively allocated to Green Project Categories;
- Social Financing Instruments – the proceeds of which are exclusively allocated to Social Project Categories;
- Sustainability Financing Instruments – the proceeds of which are allocated to both Green or Social Project Categories.
Sustainable Finance Instruments include any financial instrument where the proceeds can be exclusively allocated to finance or re-finance in part or in full new and / or existing Eligible Green or Social Assets or both as defined in the Framework.