Natura Cosméticos Sustainability-Linked SPO Provided by V.E
V.E has provided a Second Party Opinion (SPO) on Natura Cosméticos’ Sustainability-Linked Bond Framework. The framework has been designed to issue Sustainability-Linked Bonds, linked to two Key Performance Indicators (KPIs):
KPI 1: GHG emission intensity (Scope 1, 2 and 3)
KPI 2: PCR plastic used in plastic packaging.
V.E provided a Second Party Opinion on the integration of two environmental factors to the Sustainability-Linked Bonds to be issued by Natura Cosméticos in compliance with the Sustainability-Linked Bond Framework created to govern their issuances.
V.E is of the opinion that Natura Cosméticos’ Sustainability-Linked Bond Framework is aligned with the core components of the Sustainability-Linked Bond Principles (SLBP) 2020 and the selected KPIs demonstrate an advanced materiality and an advance level of ambition.
Natura Cosméticos is part of Natura &Co, a Brazilian holding dedicated to the development, manufacture, distribution and sales of cosmetics, fragrances and toiletries in Brazil and Latin America.
V.E has produced more than 340 second-party opinions on sustainable financing operations in Europe, Africa, the Americas and Asia. Most recently, the agency has provided Second Party Opinions on other Sustainability-Linked Issuances such as Rexel’s Sustainability-Linked Bond Framework and Verallia’s Sustainability-Linked Financing Framework. We are a Climate Bonds Standard Approved Verifier.