V.E, part of Moody’s ESG Solutions, has provided a Second Party Opinion (SPO) on the DaFa Properties Group Limited Green Financing Framework. The Framework has been designed to finance and refinance Eligible Projects under the four green project categories (namely Green Buildings, Renewable Energy, Clean Transportation, and Climate Change Adaptation).
We assigned a Second Party Opinion (SPO) on the sustainability credentials and management of the Green Financing Transactions to be issued by DaFa Properties Group Limited. V.E is of the opinion that this Framework is aligned with with the four core components the Green Bond Principles 2021 (“GBP”) and the Green Loan Principles 2021 (“GLP”).
We express a robust assurance on the contribution of these bonds to sustainability. The potential positive impact of the Eligible Projects on environmental objectives is considered to be robust, while the identification and management of the environmental and social risks associated with the Eligible Projects are considered robust.
DaFa Properties Group Limited operates as a real estate developer. The Company develops and sells residential properties, office floors, and commercial complexes, as well as offers property management and leasing services. DaFa Properties Group serves customers in China.
V.E has produced more than 370 second-party opinions on sustainable financing operations in Europe, Africa, Americas and Asia. We are a Climate Bonds Standard Approved Verifier.
To see our full Second Party Opinion, click here.
To learn more about DaFa’s Framework, click here.
For more information on this mission and V.E’s Sustainable Finance Solutions:
Head of Sustainable Finance Business Development