Employee welfare-based development at Optimum Solar
Optimum Solar has successfully finalized its Green Bond Framework. The Framework has been developed in accordance with the ICMA's (International Capital Market Association) Green Bond Principles. Compliance with the standards has been validated and certified by an independent external rating agency, ISS Corporate Solutions Inc. (ISS ESG).
The sustainability financing framework makes Optimum Solar's financing objectives fully transparent, and the restructuring of the bonds implies validation by the market.
The resources mobilised through the Framework provide financing for investments in renewable energy. The green criteria for eligibility of certain projects under the Framework have been developed according to domestic and international thresholds that exceed current market expectations. Some of the green criteria defined set out EU Taxonomy requirements, thereby supporting our organisation in meeting the growing international ESG requirements.
OS - GREEN BOND FRAMEWORK OS - SPO