S&P Global Ratings assesses Crédito Agrícola’s Green, Social, and Sustainability Bond Framework as aligned with the Social Bond Principles, ICMA, 2023; Social Loan Principles, LMA/LSTA/APLMA, 2023; Green Bond Principles, ICMA, 2021 (with June 2022 Appendix 1); Green Loan Principles, LMA/LSTA/APLMA, 2023; and Sustainability Bond Guidelines ICMA, 2021. Over the three years following issuance of the financing, Crédito Agrícola expects to allocate 90% of proceeds to eligible social projects and 10% to green projects.
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