, concentrated solar power (CSP) and manufacturing Considering environmental impact of solar assets Accompanying this background paper is a first stage of proposed eligibility criteria solar energy assets linked
........................................................................................................10 SPTs Calibration ....................................................................................................11 Bond Characteristics, Reporting & Verification
green asset class for the ASEAN region, the Issuer or issuance of the green bond must have a geographical or economic connection to the region. • Ineligible Projects Fossil fuel power generation projects
indicators and, where feasible, quantitative performance measures (e.g. energy capacity, electricity generation, greenhouse gas emissions reduced/avoided, number of people provided with access to clean power
governance), nor the labelling of the SLBs which the final decision is left to CHANEL. This opinion does not constitute a verification or certification. Our opinion is built on the review of the following
controls, tracking, reporting and verification Financing assets consistent with achieving the goals of the Paris Climate Agreement. 1 2 3
trigger event of a bond has been reached. The verification report provided will be made publicly available on Tesco’s website. This is aligned with the SLB Principles on verification. Introduction
Second Party Opinion. Any concerns on the institution’s independence should be disclosed to investors. 2. Verification: An issuer can (or “needs to” in the case of sustainability-linked bonds post issuance
; • (ix) Eco-efficient and/or circular economy adapted products, production technologies and processes; • (x) Green buildings. • Fossil fuel power generation projects are excluded Regional standards: Global
Reporting 15 4.5 Verification 16 5.0 External Review 17 ASEAN Sustainability-Linked Bonds Disclosure Checklist 18 3ASEAN SUSTAINABILITY-LINKED BOND STANDARDS 2022 INTRODUCTION The ASEAN Capital Markets Forum1