Hera Group: publication of the new Green Financing Framework

The Hera Group - which pioneered sustainable finance since 2014 when it issued the first green bond in Italy - has published its new Green Financing Framework (GFF) that consolidates the transparency policy pursued by the multiutility towards the investors.

Sustainability and ecological transition at the core of the new GFF
The new GFF is a landmark for issuance of green bonds and for new green facility agreements related to the following areas: "Sustainable Water and Wastewater Management", "Circular Economy and Pollution Prevention and Control" and "Energy Efficiency and Energy Infrastructure", selected in compliance with the Green Bond Principles 2021 (GBP) published by the International Capital Market Association (ICMA) and the Green Loan Principles 2021 (GLP) published by the Loan Market Association (LMA).
Furthermore, the GFF sets out the commitment shown by the Hera Group in the direction of the EU Taxonomy (Regulation 2020/852) and of the Climate Transition Finance Handbook.

Consistently with the positioning characteristic of the Hera Group since its establishment and with the strategies outlined in the 2025 Business Plan, the new GFF intends to promote, also through the sustainable finance leverage, the achievement of the goals related to the ecological transition, to which the multiutility directs the development of its businesses.

The "second party opinion" by Sustainalytics
Sustainalytics, one of the leading independent agencies in research, sustainability analysis and ESG rating, has issued a "second party opinion" certifying the GFF consistency with the main international reference standards (the GBP of ICMA and the GLP of LMA), with the EU Taxonomy and with the Climate Transition Finance Handbook.
The Hera Group is the first multiutility in Europe to publish a GFF in line with the EU Taxonomy and certified by an independent agency.