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Sustainability Bonds Framework

AFL's commitment 39 Sustainability embedded in AFL's foundations and missions Ensuring adequate financing to Local Authorities Supporting local authorities in their environmental and social actions Robust and transparent operational rules and processes A dedicated governance structure for the Sustainable Bond AFL plays a critical role in supporting public infrastructure investments as one of the key lenders to the French local government sector (€7.8bn of loans as of 31/12/2023) Given the public interest of its mission and its long-term commitments, sustainability is at the very heart of AFL's business model Highest standards of management, a stringent methodology and a dedicated ESG framework A Sustainable Bond Committee, composed from representatives of all critical departments is in charge of all the aspects of the Sustainable bond life cycle. AFL is committed to the long term and sustainable development of local authorities CAFL Lo bonque des collectivités
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