Sustainable Finance framework
Sustainability has become increasingly important to customers, suppliers and employees, but also to both private and institutional investors. To provide them with clear and transparent information about its green & social investment strategy, Proximus has published its Sustainable Finance Framework.
This framework, which will apply to any green or social finance instrument issued by Proximus, specifies the classification logic, the eligibility criteria, the applicable environmental and social due diligence requirements and the verification process for sustainable finance, as well as a set of principles and requirements for reporting.
The Framework has been reviewed by Sustainalytics, an independent company that rates the sustainability of listed companies based on their environmental, social and corporate governance (ESG) performance. Sustainalytics has certified its compliance with the Green and Social Principles of the LMA (Loan Market Association) and ICMA (International Capital Market Association).
Green Bond Issuance
On 10 November 2021, Proximus announced its first Green Bond for an amount of EUR 750 million. This allows Proximus to sustainably invest in its future proof and energy friendly Fiber and 5G networks.