Green bonds
Our commitment to a sustainable future
We are committed to developing sustainable real estate projects with a positive impact on the environment and communities. Through future green bond issuances, we intend to raise capital and provide investors with the opportunity to contribute to the financing of these initiatives, while complying with international standards of accountability and transparency.
IMPACT has developed the IMPACT Green Bond Framework under which it intends to issue green bond(s) and use the proceeds to finance and refinance, existing and/or future projects that improve the environmental performance of its buildings and provide green facilities to the customers of IMPACT housing. The Framework defines eligibility criteria in five areas:
- Green Buildings
- Sustainable Water
- Wastewater Management
- Renewable Energy
- Clean Transportation
SUSTAINALYTICS is of the opinion that the IMPACT Green Bond Framework is credible and impactful and aligns with the four core components of the Green Bond Principles 2021. This assessment is based on the following:
- Use of proceeds
- Project evaluation / selection
- Management of proceeds
- Reporting
In 2021 IMPACT engaged SUSTAINALYTICS to review the IMPACT Green Bond Framework and provide a Second-Party Opinion on the Framework’s environmental credentials and its alignment with the Green Bond Principles 2021 (GBP). SUSTAINALYTICS, a Morningstar Company, is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies.
IMPACT Developer & Contractor Green Bonds Framework - November 2021
IMPACT Developer and Contractor Green Bond Framework Second-Party Opinion - November 2021
