BTSG has developed a Sustainability-Linked Financing Framework to enable the issuance of different securities or instruments including bonds, loans, or any other debt instruments (collectively Sustainability-Linked Finance Instruments or SFIs) whose financial characteristics are linked to whether Key Performance Indicators (KPIs) reach predefined Sustainability Performance Targets (SPTs), in alignment with the principles including; Sustainability Linked Loan Principles (SLLP), May 2021, and Sustainability Linked Bond Principles (SLBP), June 2020, International Capital Market Association (ICMA).
KPIs of BTSG are 1) Total electricity consumption per car-km for Green Line Network and 2) Renewable energy consumption in operations for Green Line Network. DNV Business Assurance Australia Pty Ltd. (DNV) has reviewed BTSG Sustainability-linked Financing Framework (SLFF) and provide a…
