Under the "shades of green" methodology developed by the Center for International Climate Research (CICERO), a bond that funds transition activities that do not lock in emissions is considered:
CICERO's ''Shades of Green'' methodology classifies bonds based on their environmental impact. A bond that supports transition activities which do not lock in emissions, but contribute to a gradual transition to low-carbon operations, is considered 'Light Green.' This designation indicates that while the activities are beneficial, they may not yet be fully aligned with a low-carbon future.ESG Reference: Chapter 7, Page 123 - ESG Analysis, Valuation & Integration in the ESG textbook.
Currently there are no comments in this discussion, be the first to comment!