Keppel DC REIT’s Green Financing Framework (Framework) is developed in alignment with the four core components of the International Capital Market Association's (ICMA) Green Bond Principles (GBP) 2021 (including the June 2022 Appendix 1), and the Loan Market Association, the Asia Pacific Loan Market Association, and the Loan Syndications and Trading Association’s (LMA/APLMA/LSTA) Green Loan Principles (GLP) 2023, including:
- Use of Proceeds
- Process for Project Evaluation and Selection
- Management of Proceeds
- Reporting
The Framework is also developed in reference to internationally-recognised sustainable finance taxonomies in relevant jurisdictions, including the EU Taxonomy and the ASEAN Taxonomy.
The Framework provides overarching guidelines for Keppel DC REIT on the execution and management of green financing transactions (GFTs). The GFTs that may be issued under this Framework include bonds (public and private placement), term loans, revolving credit facilities, medium-term notes, convertible bonds, perpetual securities and any other financial instrument in various formats, tenure and currency.
The Framework covers assets and projects under Keppel DC REIT and its subsidiaries, as well as its interests in associates and joint ventures.
Keppel DC REIT Green Financing Framework Second Party Opinion