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Company & Organisation News - 08/01/2021

V.E provides SPO for SK hynix’s Green Financing Framework in South Korea

SK hynix’s Green Financing Framework will help contribute to achieving its sustainability commitments

V.E has provided a Second Party Opinion (SPO) on SK hynix’s Green Financing Framework. Green Financing Instruments issued by SK hynix under this Framework will be used to finance/refinance new/existing projects under the four Eligible Green Categories, namely: Sustainable water and wastewater management, Energy efficiency, Pollution prevention and control, and Terrestrial and aquatic biodiversity conservation. Green Financing Instruments could include green bonds, loans, private placements or any other financing instruments.   

We assigned a Second Party Opinion (SPO) on the sustainability credentials and management of the Green Financing Framework. V.E is of the opinion that this Framework is aligned with the four core components of the Green Bond Principles (2018) and the Green Loan Principles (2020). We express a robust assurance on the contribution of the Framework to sustainability.

V.E has produced more than 300 second-party opinions on sustainable financing operations in Europe, Africa, Americas and Asia. We are a Climate Bonds Standard Approved Verifier.

SK hynix is a multinational company headquartered in Icheon, South Korea, and provides products and services for the electronic components industry. The Company manufactures semiconductors, such as Dynamic Random Access Memory chips (“DRAM”), flash memory chips (“NAND flash”) and CMOS Image Sensors (“CIS”).

The full SPO and Green Financing Framework are 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

amelie.nun@vigeo-eiris.com

Benjamin Cliquet

Head of Sustainable Finance Business Development

benjamin.cliquet@vigeo-eiris.com

 

About V.E

V.E is a global leader in ESG assessments, data, research, benchmarks and analytics. Leveraging our extensive proprietary database, we equip market players with the ESG insight they need to manage risks and better understand and address their social and environmental impact. Since 2019, V.E has been an Affiliate of Moody’s Corporation. V.E has an industry unique ISO 9001: 2015 quality certification for its processes relating to methodology, assessments, sale and delivery of its data to all types of investors and issuers. V.E is a Climate Bonds Initiative Verified Provider of Second Party Opinions. With a team of nearly 300 experts of 30 different nationalities, V.E is present in Paris, London, Brussels, Casablanca, Hong Kong, Milan, New York, Rabat and Santiago.

For more information about V.E: vigeo-eiris.com

For more information about Moody’s ESG Solutions: moodys.com/esg

Download :
icon-download-34x36 SK hynix SPO
icon-download-34x36 SK hynix's Green Financing Framework
Keywords : ESG, Green bonds, Green Loan, Second Party Opinion, SPO