Sustainable Fitch

Sustainable Fitch has provided its Second-Party Opinion on the sustainability-linked financing framework of RLH Properties S.A.B. de C.V. (RLH). VIEW REPORT: https://ow.ly/8Bow50SKnLN We consider RLH's sustainable financing framework to have 'Excellent' alignment with: - ICMA Sustainability-Linked Bond Principles - Loan Market Association, Loan Syndications and Trading Association, and Asia Pacific Loan Market Association Sustainability-Linked Loan Principles RLH, a Mexican entity dedicated to the acquisition and management of luxury hotel complexes, has included the two most material KPIs in its sustainability-linked financing framework: - Reduction in CO2 emissions intensity - Reduction in water consumption per square metre #SecondPartyOpinion #SPO #ESG #SustainableFinance #Sustainability #SLB

Sustainable Fitch has provided its Second-Party Opinion on Atlas Luiz Carlos Comercializadora de Energia S.A.’s (Atlas LC) green bond (known locally as a debenture). LEARN MORE: https://ow.ly/sq1350SKb5c - BRL750 million (USD150 million) bond issued on 15 July 2024 - 'Excellent' alignment with the ICMA Green Bond Principles - Atlas LC is the operational holding company of nine SPVs of the Luiz Carlos PV solar complex in Minas Gerais - Funds will pay for or reimburse investments in the implementation and exploitation of these PV power plants #SecondPartyOpinion #SPO #ESG #SustainableFinance

We have published our Q2 2024 Sustainable Finance Trends report, which combines key research and major market developments from the quarter. DOWNLOAD: https://ow.ly/WT2L50SJoyS Key takeaways: - ESG data insights reveal limited GHG emissions transparency in leveraged finance - Labelled bond issuances dropped 31% year-on-year in 2Q24 - The EU adopted the nature restoration law and increased focus on supply chain regulations - Survey highlights the need for credible impact metrics and skepticism about SLB KPIs #SustainableFinance #ESG #ImpactInvesting #GreenBonds

Sustainable Fitch has provided its Second-Party Opinion on Commercial Bank of Ceylon PLC’s (CBC) sustainable bond framework. We consider transactions under the sustainable bond framework to be fully aligned with the ICMA Green Bond Principles, Social Bond Principles and the Sustainability Bond Guidelines. Our Second-Party Opinion is that the alignment is ‘Good’. LEARN MORE: https://ow.ly/YuHO50SGRgW CBC is Sri Lanka’s largest private commercial bank and offers a range of financial services and products to individuals, SMEs and large corporate entities. #SustainableFinance #SecondPartyOpinion #ESG

Sustainable Fitch has assigned Shandong Hi-Speed New Energy Group Limited (SHNE) an ESG Entity Rating of ‘2’ and an entity score of 75, reflecting its good ESG performance overall. LEARN MORE: https://ow.ly/3MKs50SF28Q We consider SHNE's primary business activity of generating electricity from solar PV and wind power to substantially contribute to climate change mitigation. We also consider its district heating supply business as generally more energy efficient than localised heating systems. However, its heat is still mainly generated from fossil fuels. SHNE is an energy company focusing on solar PV and wind power generation and district heating supply, mainly in China. As of end-2023, SHNE's operational solar PV and wind power plants had an aggregate installed capacity of 4.5GW, a 21% year-on-year growth. The company also operates 12 district heating projects to supply heat to around 198,000 households. #ESGRatings #SustainableFinance #ESG #China

Sustainable Fitch’s latest report on LatAm water and wastewater utilities provides an in-depth ESG ratings comparison, regional sustainable developments, and labelled debt issuance trends. LEARN MORE: https://ow.ly/mEY350SEEpH - Sustainability bonds dominate, representing 64% of regional WWU issuances. - The sector focuses on both green and social investments. - Sustainability-linked bonds target energy efficiency improvements. - LatAm faces significant challenges with inadequate water and wastewater treatment, high leakage rates, and economic losses due to water scarcity. #SustainableFinance #ESG #LatAmUtilities #Sustainability #WaterManagement

Stay informed with the latest sustainable finance trends and insights by reading the Sustainable Fitch ESG Monthly newsletter, featuring updates from Global Head of Analytics Gianluca Spinetti, an in-depth analysis on the Chemicals sector which delves into sector trends and ESG Ratings performance, and the latest updates to our ESG Regulations and Reporting Standards tracker, highlighting new supply chain-focused regulations globally in 2Q24. #ESG #SustainableFinance #ChemicalsIndustry #ESGRegulations #SupplyChain #SustainableFitch #ESGInsights

Sustainable Fitch has provided its Second-Party Opinion on the green finance framework of SAEL Restricted Group 1 (SAEL RG1). Our Second-Party Opinion is that the framework’s alignment is ‘Excellent’. LEARN MORE: https://ow.ly/bowM50SCWFE SAEL is an integrated renewable energy company headquartered in New Delhi, India. The company was initially involved in agricultural solutions but is now focusing exclusively on expanding renewable energy solutions; specifically, on development, construction, operation and maintenance of solar and biomass power plants. #SustainableFinance #SecondPartyOpinion #ESG

サステナブル・フィッチは、1,500社以上（レバレッジド・ローンの借り手及びハイイールド債の発行体）にESG スコアを提供しており、これは、フィッチ・レーティングスが格付している欧州CLO の裏付資産の96％、米国CLO の裏付資産の90％に相当致します。レポートをダウンロードの上、レバレッジド・ファイナンス・データセットの ESG スコアの主な傾向をご確認ください。 発行体のGHG 排出量データについて：https://ow.ly/Uzlk50SCYrp レバレッジド・ファイナンスの発行体の気候目標について： https://ow.ly/1eTY50SCYrq Sustainable Fitch provides ESG Scores for more than 1,500 entities – borrowers of leveraged loans and issuers of high-yield bond – representing 96% of the assets held in European CLOs and 90% of US CLOs rated by Fitch Ratings. Download our reports to learn about the major trends in our ESG Scores for leveraged finance dataset. #sustainablefinance #leveragedfinance #CLOs #structuredcredit

Sustainable Fitch has provided its Second-Party Opinion on the sustainable finance framework of Uzbek Industrial and Construction Bank Joint-Stock Commercial Bank (UICB). LEARN MORE: https://ow.ly/T2zz50SBKbv UICB is the second-largest financial institution in Uzbekistan. Our opinion is that the framework’s alignment with the following is 'Good': - ICMA Green Bond Principles 2021, Social Bond Principles 2023 and Sustainability Bond Guidelines 2021 - Loan Market Association, Loan Syndications and Trading Association - Asia Pacific Loan Market Association Green Loan Principles 2023 and Social Loan Principles 2023 #SecondPartyOpinion #ESG #SustainableFinance