V.E, part of Moody’s ESG Solutions, has provided a Second Party Opinion (SPO) on Terwilliger Plaza’s Green Bond. The Eligible Green Project is the Parkview project, a senior caring facility which will be build following the Passive House Certification.
V.E is of the opinion that this Bond is aligned with the four core components of the Green Bond Principles (GBP). We express an advanced assurance on the contribution of this Bond to sustainability. The eligible green project aims to mitigate climate change through the (i) increase in the building energy efficiency and (ii) the avoidance of CO2 emissions.
Terwilliger Plaza, Inc. is an Oregon nonprofit, public benefit corporation, incorporated in 1958 and registered by the Seniors and People with Disabilities Division of the Oregon Department of Human Services as a continuing care retirement community. They own and operate a continuing care retirement community known as Terwilliger Plaza located in Portland, Oregon. The Plaza includes a 12-story apartment building and a 10-story apartment building and consists of 246 independent living units, 43 assisted living apartments and 22 residential care beds and several services for 62 years of age and older residents.
V.E has produced more than 380 second-party opinions on sustainable financing operations in Europe, Africa, Americas and Asia. We are a Climate Bonds Standard Approved Verifier.
Click here to view V.E’s SPO on Terwilliger Plaza’s Green Bond.
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Moody’s ESG Solutions Group is a business unit of Moody’s Corporation serving the growing global demand for ESG and climate insights. The group leverages Moody’s data and expertise across ESG, climate risk, and sustainable finance, and aligns with Moody’s Investors Service (MIS) and Moody’s Analytics (MA) to deliver a comprehensive, integrated suite of ESG and climate risk solutions including ESG scores, analytics, Sustainability Ratings and Sustainable Finance Reviewer/certifier services.
For more information visit Moody’s ESG hub at www.moodys.com/esg.
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