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Eagle Environmental Construction & Development SPO Provided by V.E

Eagle Environmental Construction

Eagle Environmental Construction and Development’s (EEC+D) Sustainable Green Bond Framework Provided by V.E

V.E has provided a Second Party Opinion (SPO) on Eagle Environmental Construction and Development’s (EEC+D) Sustainable Green Bond Framework, including on its alignment with ICMA’s Green Bond Principles, Social Bond Principles and the Sustainability Bond Guidelines.

The Framework includes one Social Category covering social housing, and two Green Categories covering low carbon buildings and renewable energy assets. EEC+D’s first issuance will also obtain a Climate Bond’s Initiative (CBI) certification. We assigned a Second Party Opinion on the sustainability credentials and management of EEC+D’s Framework.

V.E is of the opinion that this Framework is aligned with the Green Bond Principles, Social Bond Principles and the Sustainability Bond Guidelines. The agency expresses an advanced assurance on the contribution of the bonds to sustainability, our highest level of assurance, thanks to the detail provided on the definition and eligibility criteria of eligible expenditures. EEC+D is a privately owned development, general contracting, engineering, and hazardous remediation company, specialized in restoring contaminated sites for use as affordable housing and resilience hubs of local energy generation.

Eagle Environmental Construction and Development (EEC+D) is an approved Social House developer by the U.S. Department for Housing and Urban Development (HUD) and environmental contractor certified by the Environmental Protection Agency (EPA). The company is based in San Francisco, CA, and also operates in Oakland, CA and Atlanta, GA. To learn more about Eagle Environmental Construction and Development’s (EEC+D) work in Environmental and Sustainability Services, visit their website here.

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.

 

For more information on this mission and V.E’s Sustainable Finance Solutions:
Savannah Rowe
Communications Assistant
savannah.rowe@vigeo-eiris.com

Benjamin Cliquet
Head of Sustainable Finance Business Development
benjamin.cliquet@vigeo-eiris.com

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