Investor Presentaiton
CAJA RURAL
DE NAVARRA
Sustainability Strategy
Sustainable Bond Overview
•
Legal Status
Caja Rural de Navarra Sustainable Bonds'
investors have the same level of protection
as regular Bonds' investors.
Same legal framework applies (claims
against the entire cover pool).
•
Use of Proceeds
Allocated towards lending to projects
or activities aligned with Caja Rural de
Navarra's internal sustainability principles
and Sustainability Bond Framework
The projects or activities to be funded
must meet Caja Rural de Navarra's
Sustainability criteria.
Project Evaluation and Selection Process
Financial viability of the loans financed
through the proceeds evaluated by the
Credit Risk department.
Alignment with the sustainability
eligibility criteria is assessed by the
Sustainability Committee.
•
4/7 SUSTAINABILITY STRATEGY
•
Eligible Projects Categories
Sustainable agriculture
Renewable energy
Sustainable forest management
•
Energy efficiency
•
Waste management
•
Affordable housing
Education
Social and economic inclusion
Management of Proceeds
100% of bond proceeds to be allocated
to eligible projects or activities at the time
of issuance.
Sufficient number of existing loans
to utilize the entire proceeds of the
sustainable bond.
Assurance
.
Reporting
Annual disclosure of the allocated
proceeds to each eligible category
outlined in the framework.
Caja Rural de Navarra's Annual Report²
audited by an external auditor.
Sustainalytics Second-Party Opinion and Caja Rural de Navarra's audited annual report, which includes reporting on the Sustainable Bond.
Source:
Sustainability Bond Framework: www.cajaruraldenavarra.com/sites/default/files/info-inversores/Sostenibilidad/Marco/2021-sustainability-bond-framework-caja-rural-de-navarra.pdf
2 Annual Report: www.cajaruraldenavarra.com/en/information-investors
Caja Rural de Navarra Investor Presentation 26View entire presentation