Investor Presentaiton
CAJA RURAL
DE NAVARRA
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SUSTAINABILITY BOND FRAMEWORK
Energy efficiency new criterion: Building Energy Efficiency
Caja Rural de Navarra included in December 2017 a new criterion to the Energy Efficiency Category:
Building Energy Efficiency.
•
The new eligibility criterion will be to focus on its lending activities in either financing new
buildings that must be among the 15% most energy efficient, or financing an appropriate upgrade
that improves the buildings energy efficiency by 30% in the existing stock of buildings.
• The eligibilty will be analysed through EPC energy labels, compulsory from 1st June 2013. The most
energy efficient includes "A" and "B" categories, while the retroffiting will include final EPC or "A",
"B" and "C".
B
D
E
F
G
• “CRN loans financing to energy efficient buildings and retrofitting can therefore contribute to the improvement of the
Spanish residential buildings stock energy efficiency" (Sustainalytics).
1 Data as of 31st December 2019.
2020 Credit and Sustainability Framework CRN
YEAR OF ORIGINATION IN CRN'S COVER POOL¹
23,48%
25%
20%
15,10%
15%
12,13%
9,76%
10%
6,14% 5,92%
5,04%
3,73%
5,06% 6,13%
7,52%
5%
0%
PRE 2010 2011 2012 2013 2014 2015 2016
2010
2017 2018 2019
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