Project Details
Project
Braskem Idesa Sustainability-Linked Bond Framework Second-Party Opinion (2021)
Client
Braskem Idesa S.A.P.I.
Project Type
Transition; Sustainability Linked Bond or Note;
Industry Group
Chemicals
Use of Proceeds
N/A
Location
Mexico
Evaluation Date
Sep 2021
Evaluation Summary
Sustainalytics is of the opinion that Braskem Idesa’s Sustainability Linked Bond Framework aligns with the Sustainability-Linked Bond Principles 2020.
Overview of KPI and SPT:
KPI | SPT | Strength of the KPI | Ambitiousness of SPT |
Reduction in Scope 1 and 2 GHG emissions (tCO2e) | Reduction in Scope 1 and 2 emissions by 15% by 2028 from a 2017 baseline
| Strong | Ambitious |
Climate Transition Finance Handbook
Sustainalytics has evaluated Braskem Idesa’s transition governance, strategy, decarbonization targets, and intentions to report on transition progress and finds the Company to be aligned with the recommendations of the Climate Transition Finance Handbook 2020.