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Sustainable Finance - Published Projects

Background

In the sustainable debt market, issuers and borrowers should provide details to investors and lenders on the environmental and social eligibility criteria for the use of proceeds (UoP) bonds/loans and the ambition level of their sustainability performance targets (SPTs) for sustainability-linked bonds/loans. Many issuers and borrowers obtain an external review from an independent external reviewer such as CECEPEC.

CECEPEC issued a Second Party Opinion on Jiangmen Xinhui Yinhai Development Co., Ltd.’s Green Finance Framework

2023-07-13

CECEP Environmental Consulting Group Co., Ltd. (“CECEPEC”) issued a Second Party Opinion on the alignment of the Green Finance Framework (“Framework”) of Jiangmen Xinhui Yinhai Development Co., Ltd. with the Green Bond Principles 2021 (“GBP”) released by the International Capital Market Association (“ICMA”) and the Green Loan Principles 2021 (“GLP”) published by the Loan Market Association (“LMA”), the Asia Pacific Loan Market Association (“APLMA”), and the Loan Syndications and Trading Association (“LSTA”). CECEPEC is of the opinion that the Framework is aligned with the four core components of the GBP and GLP.

The net proceeds under the Framework will be exclusively financed or refinanced in Clean Transportation, Energy Efficiency, Sustainable Water and Wastewater Management, which are aligned with the Eligible Green Project Categories listed in GBP and GLP. Meanwhile, the Framework also elaborates on the conformity of Eligible Project Categories with the United Nations Sustainable Development Goals (SDGs).

In addition, the Framework illustrates how the Green Financing Team will oversee the project evaluation and selection process and how to manage the proceeds. At the same time, Jiangmen Xinhui Yinhai Development Co., Ltd. commits to disclosing the Allocation Report on an annual basis and will disclose the Impact Report on a best-effort basis and subject to data availability.

Second Party Opinion.pdf
Green Finance Framework.pdf

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