Project Details
Project
Global Switch Green Bond Annual Review (2021)
Client
Global Switch Holdings Limited
Project Type
Annual Review
Industry Group
Telecommunication Services
Use of Proceeds
Green buildings; Energy efficiency;
Location
U.K.
Evaluation Date
Sep 2021
Evaluation Summary
In this thematic bond Annual Review letter, Sustainalytics provides a third-party assessment on whether the project financed by the bond and the issuer’s reporting are aligned with the intended use of proceeds and commitments set out in the bond or loan framework. The final assurance letter can be shared with investors, added to bond or sustainability reports or published on the issuer’s website.
As a leading provider of Second-Party Opinions for green, social and sustainability bonds issuers and investors entrust Sustainalytics’ Annual Reviews to provide assurance that:
Projects are aligned to the eligibility criteria in the bond framework
The issuer is reporting on impact metrics as outlined in the bond framework
The allocation processes and reporting are as outlined in the bond framework