23 July, 2024

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Sustainable Fitch has granted its external opinion on the Sustainability Linked Financing Framework of RLH Properties

Sustainable Fitch has granted its external opinion (Second Party Opinion) on the Sustainability Linked Financing Framework of RLH Properties, considering its level of alignment with the Sustainability Linked Bond Principles of the International Capital Market Association and the Sustainability Linked as ‘Excellent’ Loan Principles of the Loan Market Association, Loan Syndications & Trading Association and Asia Pacific Loan Market Association.

An external opinion or Second Party Opinion is an evaluation of the sustainability qualities of financial instruments or reference frameworks of companies, with the aim of providing certainty and transparency to their interest groups.
Based on its materiality study, RLH Properties has included in its financing framework the two most relevant key performance indicators and has established ambitious goals for 2030: 30% reduction in the intensity of scope 1 and 2 carbon emissions and a 20% decrease in water consumption per square meter.

In this way, RLH Properties publicly commits to actively contributing to the 2030 Agenda of the United Nations Organization and reaffirms its commitment to creating shared value, creating long-term value for its shareholders, clients and, at the same time, improving the environmental and social conditions of its surroundings.

 

Source:

https://www.sustainablefitch.com/corporate-finance/sustainable-fitch-spo-provided-for-rlh-properties-sab-de-cvs-sustainability-linked-financing-framework-22-07-2024