Moody's ESG Solutions: V.E provides Second Party Opinion on Edison International’s Sustainable Financing Framework
Moody's ESG Solutions announced today that V.E has provided a Second Party Opinion (SPO) on Edison International’s Sustainable Financing Framework. The framework will govern future bond issuances to finance environmental and social project categories.
The eligible green projects aim to combat climate change through the avoidance of CO2 emissions, increase resilience to the physical effects of climate change, and improve energy efficiency. The eligible social projects intend to reduce inequality by enabling opportunities in Edison’s procurement for diverse business enterprises, such as small businesses that are owned by minority communities, women, veterans, and/or the LGBTQ+ community.
According to V.E, Edison’s framework is aligned with the four core components of the Green Bond Principles, Social Bond Principles and Sustainable Bond Guidelines.
“In our assessment, the bonds issued via this framework will provide an ‘advanced’ contribution to sustainability objectives,” said Adriana Cruz Felix, Head of Sustainable Finance Research at V.E. “Integrating renewable sources on the grid and supporting customers’ adoption of carbon-free technology are some of the key issues facing the electric utility sector – the renewable energy projects to be financed via Edison’s framework have the potential to positively impact the company, its supply chain and customers.”
V.E’s SPOs on sustainability credentials help market participants secure financing through sustainable bonds and loans, strengthen issuers’ and projects’ credibility, and give investors confidence. To date, V.E has produced more than 330 SPOs on sustainable financing operations worldwide. To learn more, please visit moodys.com/sustainable-finance.
V.E’s SPO on Edison International’s Sustainable Financing Framework is available here.
ABOUT MOODY’S ESG SOLUTIONS
Moody’s ESG Solutions Group is a business unit of Moody’s Corporation serving the growing global demand for ESG and climate insights. The group leverages Moody’s data and expertise across ESG, climate risk, and sustainable finance, and aligns with Moody's Investors Service (MIS) and Moody's Analytics (MA) to deliver a comprehensive, integrated suite of ESG and climate risk solutions including ESG scores, analytics, Sustainability Ratings and Sustainable Finance Reviewer/certifier services.
For more information visit Moody’s ESG hub at www.moodys.com/esg.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210603005436/en/
Contact information
Moody’s ESG Solutions:
Lisa Stanton
MD-Global Sales Lead/ESG
+1 (415) 874-6000
Lisa.Stanton@moodys.com
Media inquiries:
Tim Whatmough
VP-Communications
+33 (153) 303-385
Tim.Whatmough@moodys.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Armis Warns Global Elections a Bullseye for Nation-State Cyberattacks16.4.2024 14:00:00 EEST | Press release
Armis, the asset intelligence cybersecurity company, is warning that global elections will be the largest attack vector for nation-state actors looking to cause mass disruption in 2024. Data from Armis’ second annual global cyberwarfare report, The Invisible Front Line: AI-Powered Cyber Threats Illuminate the Dark Side, show organizations and governments worldwide face critical threat levels from sophisticated nation-states and admittedly are severely underprepared to defend against impending cyberwarfare attacks. “In the biggest global election year in history, democracy is the primary target of nation-state threat actors,” said Nadir Izrael, CTO and Co-Founder, Armis. “Make no mistake - we are in a cyber arms race against our adversaries and society as we know it is at risk. It’s essential that we immediately shift from a reactive to a proactive, defensive stance before it’s too late.” Thirty-nine percent of IT leaders worldwide believe cyberwarfare could affect the integrity of an e
New Research Finds 83% of Supply Chains Can’t Respond to Disruptions in 24 Hours16.4.2024 14:00:00 EEST | Press release
Despite being one of the biggest lessons from the pandemic era, a new IDC study* sponsored by Kinaxis® Inc. (TSX:KXS) reveals slow progress in making supply chains more flexible and resilient while also highlighting optimism towards supply chain orchestration tools as a key enabler for the future. According to research, less than one-fifth (17%) of global supply chain leaders say their companies can respond to disruptions within 24 hours. Highlighting their widespread frustration, a staggering two-thirds (67%) of respondents admit they are not “very satisfied” with their response time. The comprehensive survey of 1,800 supply chain decision-makers from around the world exposes the harsh reality that most are struggling to keep their operations agile and adaptable amid an onslaught of disruptions from geopolitical conflicts, natural disasters, and other volatility. While the average crisis response time is a troubling five days, the survey shows performance varies across industries. In
Mavenir Digital BSS Now Available on Amazon Web Services Marketplace16.4.2024 14:00:00 EEST | Press release
Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces that the Mavenir Digital Enablement (MDE) is now available on Amazon Web Services (AWS) Marketplace. Mavenir’s Digital Enablement (MDE) Business Support System (BSS) stack with composable architecture allows Communication Service Providers (CSPs) to implement innovative strategies and new selling models quickly, cost-effectively and with minimal risk, with the ability to test models iteratively and speed time-to-market without increasing capital and resource costs. MDE’s comprehensive set of modules already run on AWS – for reduced application-to-infrastructure test times – and span customer management, product catalog, order management, CRM, billing, converged charging, API monetization and network slice charging. With low-code/no-code visual builders and templated solutions-in-a-box, MDE is now available as a one-stop destination and digital marketplace for CSPs looking to imple
Nominations open for The MIDORI Prize for Biodiversity 202416.4.2024 13:58:00 EEST | Press release
With the aim to encourage positive action for biodiversity and inspire others by showcasing the notable work of those it honors, nominations are now invited for the MIDORI Prize for Biodiversity 2024. The call for nominations remains open until 15 June 2024. The MIDORI Prize, a biennial international prize co-organized by AEON Environmental Foundation and the Secretariat of the Convention on Biological Diversity (CBD), honors individuals who have made outstanding contributions to the conservation and sustainable use of biodiversity. Established by AEON Environmental Foundation during the 2010 International Year of Biodiversity, up to now, 19 individuals from 17 countries have received the prize. The Prize will be awarded during the sixteenth meeting of the Conference of the Parties (COP 16) to the CBD to be held from 21 October to 1 November 2024 in Cali, Colombia, under the theme “Peace with nature”. To strengthen collaboration with the prizewinners, various initiatives to disseminate
Uptime Institute Launches Uptime Institute Sustainability Assessment for Digital Infrastructure16.4.2024 13:02:00 EEST | Press release
Uptime Institute today announced the launch of the comprehensive Uptime Institute Sustainability Assessment, an assessment and award service that empowers organizations to clearly assess, benchmark, and demonstrate the sustainability credentials of their digital infrastructure to all their stakeholders, whether their applications are deployed in their own enterprise-operated data centers, as well as colocation data centers, or hosted by other third-parties such as hyperscalers or managed service providers. Organizations that undertake the Uptime Institute Sustainability Assessment will be able to develop a clear view of their sustainability status and achievements to date across a wide range of independent and interdependent corporate functions and criteria, and then monitor and demonstrate progress over time, both internally and externally. The insights gained from the Assessment can be used to make continuous improvements in support of sustainability commitments while allowing partic
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom