(Finance) – FS Italiane has published the new Green Bond Framework, updating it compared to the latest release in 2019. The new Framework – reads a note from the railway group – extends the range of Eligible Green Projects, financed through green bondsto investments for the completion of the railway infrastructure High Speed Italian Railway Network and the maintenance costs of the rolling stock of Trenitalia and Polo Mercitalia.
FS has so far placed green bonds exclusively for the financing of trains intended for passenger transport (for the regional and high-speed sector) and freight. With the update of the Framework, FS achieves the important objective of extending the use of ESG finance to the main investments of the Group’s railway business.
Sustainalytics has again issued a Second Party Opinion which certified its adherence to the Green Bond Principles defined by the International Capital Market Association and to the EU Taxonomy (EU Regulation 2019/852).