Sustainable Fitch

Sustainable Fitch has upgraded Development Bank of Kazakhstan JSC’s ESG Entity Rating to '2' from '3', recognizing its commitment to ESG integration and sustainable practices. LEARN MORE: https://ow.ly/ewT050UsET6 DBK continues to play a crucial role in Kazakhstan’s socioeconomic development with a focus on sustainability. - Significant contribution to long-term financing in non-resource sectors - Emphasis on integrating ESG principles into operations by 2033 - Commitment to inclusivity and robust governance practices #SustainableFinance #ESG #KazakhstanDevelopment #ESGRating #DevelopmentBank

Read our annual report, 'Latin America Sustainable Finance Snapshot - November 2024,’ and learn about why the region has the potential to be a major source of solutions to address climate change. Download the full report here: https://ow.ly/Uks250UsHaa #SustainableFitch #SustainableFinance #LatinAmerica #ClimateChange #BioDiversity

Sustainable Fitch has awarded ENGIE S.A. a Transition Assessment Outcome of ‘Light Green -’. READ REPORT: https://ow.ly/HYsY50UpVUg This recognizes Engie's advanced transition plan with ambitious targets for net-zero Scopes 1, 2, and 3 emissions by 2045, supported by a strategic move to reduce fossil fuel activities and boost investment in green technologies. Sustainable Fitch's Transition Assessments evaluate companies' transition plans for GHG emission reductions, emphasizing ambition, implementation, and investment, and benchmark them using a color-coded scale to communicate the value of transition plans and net zero progress. #SustainableFinance #GreenTransition #NetZero #ESG #Sustainability #NetZeroGoals #SustainabilityGoals #EmissionReduction

Sustainable Fitch has provided its Second-Party Opinion on the sustainable finance framework of Beijing Energy International Holding Co., Ltd. (BEIH). Under the framework, BEIH can issue green, social and sustainability bonds and loans. We consider transactions under the framework to be aligned with the ICMA Green and Social Bond Principles and Sustainability Bond Guidelines, as well as the Loan Market Association, Loan Syndications and Trading Association, and Asia Pacific Loan Market Association Green and Social Loan Principles. Our opinion is that the framework’s alignment is ‘Excellent’. Learn More: https://ow.ly/LrLg50Uq0T2 BEIH is a clean energy company focusing on electricity generation from solar PV, wind power and hydropower. As of end-2023, the company owned 140 solar power plants, 28 wind power plants, 26 hydropower plants and one energy storage power station. #SustainableFinance #SecondPartyOpinion #ESG

Sustainable Fitch has affirmed NaaS Technology Inc.'s (NaaS) ESG Entity Rating at ‘2’ and increased its entity score to 78 from 76. The increase is mainly driven by the expansion in its green energy solutions business, which is a result of the growth in services, geographical reach and client base. Learn More: https://ow.ly/K69r50UpKjr Its core business of electric vehicle (EV) charging services supports the operation of charging facilities and the access to these facilities, which are important infrastructure to support the widespread adoption of battery EVs and plug-in hybrid EVs in the fast-growing EV market in China. #ESG #ESGRating #SustainableFinance #Sustainability

Marina Petroleka, Global Head of Research at Sustainable Fitch, discusses the dynamic landscape of sustainable finance and impact investing with Mathilde Dufour, Head of Research at Mirova, and Guillaume Abel, Co-CEO of Mirova, a B Corp-labeled global asset management company and affiliate of Natixis Investment Managers focused on sustainable investing. WATCH FULL VIDEO: https://ow.ly/5Evy50UoNTQ Topics covered include evolving regulations (particularly in Asia), innovations, and strategies to channel capital towards mitigating climate change and addressing global challenges. #SustainableFinance #ImpactInvesting #SustainableInvesting #ESGInvesting #ResponsibleInvesting #GreenFinance #ESG

Discover how Sustainable Fitch and Mirova are driving the future of sustainable finance through insightful ESG roundtables in Tokyo and Singapore, focusing on transition strategies and impact metrics. #ESGRatings #ESG #SustainableFinance #ESGStrategy #ESGPerformance

Sustainable Fitch has provided its Second-Party Opinion on the social finance framework of Qingdao Pingdu Holdings Group Co., Ltd (QDPD). We consider transactions under this framework to be fully aligned with the ICMA Social Bond Principles, as well as the Loan Market Association, Loan Syndications and Trading Association, and Asia Pacific Loan Market Association Social Loan Principles. Our Second-Party Opinion is that the framework’s alignment is ‘Good’. LEARN MORE: https://ow.ly/qoMs50UnfCc QDPD is a key infrastructure construction enterprise in Pingdu city, the largest county-level city located in the central part of the Shandong Peninsula in Shandong Province, China. QDPD is wholly owned by the Pingdu State-owned Assets Management Service Centre and indirectly by the Pingdu municipal government. It serves as a primary platform for public urban and agriculture infrastructure and manages state-owned assets in the city, with the aim of improving the city’s image through developing and upgrading urban infrastructure. #SustainableFinance #SecondPartyOpinion #ESG

Sustainable Fitch has assigned Caja Rural de Jaén, Barcelona y Madrid, Sociedad Cooperativa de Credito an ESG Entity Rating of ‘3’ and entity score of 59. LEARN MORE: https://ow.ly/mi8S50Ul3aI This cooperative credit institution serves local sectors and entrepreneurs in Jaen, Madrid, Barcelona, Córdoba and Sevilla. - Lending to local small businesses (38% of total lending) - Supports Spanish farmers and the agricultural sector - Redistribution of profit to 54,200 cooperative members - Enhances access to safe housing through residential mortgage and social housing initiatives #SustainableFinance #ESGRating #ESG

Sustainable Fitch has provided its Second-Party Opinion on Cape Igarassu’s BRL151 million green bond, issued on 19 November 2024, considering it aligned with ICMA Green Bond Principles 2021. The funds will finance the modernisation of Cl2 plants using membrane technology. LEARN MORE - ENGLISH: https://ow.ly/FLsr50UkfHv LEARN MORE - PORTUGUESE: https://ow.ly/4tAa50UkfHA - BRL151 million green bond - Alignment with ICMA Green Bond Principles 2021 - Modernisation of Cl2 plants in Recife, Santa Catarina, and Minas Gerais - Membrane technology with 30% lower electricity consumption #GreenBond #SustainableFitch #ICMAGreenBondPrinciples #SecondPartyOpinion #ESG #SustainableFinance