partnership will be critical in driving more disclosure from corporates and financial institutions, raising awareness of the TCFD recommendations and shaping ambitious policy. Environmental disclosure is now
Sustainability-Linked Bond Principles 2020 and considers the KPI to be adequate and the SPTs to be ambitious and impactful. This assessment is based on the following: Evaluation date December 31, 2020 Issuer
critical in driving more disclosure from corporates and financial institutions, raising awareness of the TCFD recommendations and shaping ambitious policy. Environmental disclosure is now widely accepted as
statutory auditor. 3-4 How should differences in the sector, geography, governing laws and environmental policies be reflected when defining the ambition of SPTs? The issuer should select ambitious KPIs and
the latest and most ambitious climate science recommendations, i.e., halving greenhouse gas (GHG) emissions by 2030 and reaching net-zero by 2050 at the latest, thereby limiting global warming to 1.5
has the necessary resources to fund an ambitious transition to a net-zero economy and to become one of the climate champions of the region. The ASEAN Taxonomy acknowledges the existence of unique
expected to set ambitious climate change strategies, backed by relevant targets and widespread environmental management systems. In 2019 the European Commission communicated the European Union (EU) Green
ambitious than a simple box-ticking approach. Benefitting from the perspectives of securities regulators, stock exchanges, self-regulatory organisations, institutes of directors, the media and the private
decisively impact the achievement of the SPTs. 4.2.3 The SPTs must be ambitious and should comprise the following features: (i) represent a material improvement in the respective KPIs and be beyond a ‘business
most ambitious and robust pathway for companies wishing to reduce emissions aligned with science and set a Net Zero target. 20 Pictured: South Pole’s Infravest Guanyin Wind project in Taiwan helps