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V.E provides a Second Party Opinion on Crédit Agricole’s Social Bond Framework

V.E (Vigeo Eiris), an affiliate of Moody's, has provided a second-party opinion on the sustainability credentials and management of Crédit Agricole’s Social Bond Framework. The net proceeds of the Bonds will exclusively refinance, in full or in part, assets falling under three Eligible Social Project Categories: Territorial economic development, Socioeconomic advancement and empowerment and Access to healthcare services.

V.E has assigned a Second Party Opinion (SPO) on the sustainability credentials and management of the Social Bond Framework. We are of the opinion that this Framework is aligned with the four core components of the Social Bond Principles (2020). We expressed a robust assurance on the contribution of these bonds to sustainability.

V.E has produced more than 260 second-party opinions on sustainable financing operations in Europe, Africa, Americas and Asia. We are a Climate Bonds Standard Approved Verifier.

Crédit Agricole SA is a French banking group that offers banking and insurance services through a network of regional, local banks and its branches. The bank’s principal lines of business include Retail Banking which include French retail banking and International retail banking; Specialized Financial Services which covers asset management and securities, insurance, consumer finance, private banking, leasing & factoring and specialized subsidiaries and activities; and Corporate and Investment Banking which offers a range of products and services in capital markets, brokerage, investment banking, structured finance and commercial banking.

Full SPO available for download below.

For more information on this mission and V.E’s SPO services for Bonds and Loans

Amélie Nun
Head of Communications

Benjamin Cliquet
Head of Sustainable Finance Business Development

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