Second Party Opinions
To meet growing global market demand for independent views on the alignment of labelled debt with international standards.
Second Party Opinions (SPOs)
Below is a selection of historical Second Party Opinions*
Moody’s Ratings aim to meet growing global market demand for independent views on the alignment of labelled debt with international standards and the expected contribution of financed projects and targets to long-term sustainable development.
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Issuer
Issuance
Region
Clear
October 19, 2020
Etihad Airways’ Transition Finance Framework
October 12, 2020
AFD’s SDG Bond Framework
October 10, 2020
Tokyu Corporation's Sustainability Bond Framework
October 9, 2020
Enel' Sustainability-Linked Financing Framework
September 16, 2020
Orange’s Sustainability Financing Framework
September 3, 2020
CADES’ Social Bonds Framework
July 27, 2020
Davidienda’s Social Bond
July 22, 2020
Banco ABC Brasil's Social Bond Framework
June 2, 2020
Saudi Electricity Company’s Green Sukuk Framework
May 29, 2020
ENN Energy’s Green Finance Framework
May 25, 2020
Neoen’s Green Bond Framework
May 6, 2020
BPCE’s Green Bonds Methodology
April 29, 2020
Hyundai Heavy Industries Co.’s Green Finance Framework
April 28, 2020
Enel’s Sustainability-linked Program
April 1, 2020
Audax Renovables’ Green Financing Framework
March 27, 2020
Chu De Rennes’ Social Notes
February 28, 2020
Agri Resources’ Sustainable Financing Framework
February 18, 2020
Mexico’s SDG Sovereign Bond Framework
December 5, 2019
H-Line’s Green Loan Framework
November 26, 2019
Vena Energy’s Green Financing Framework
November 7, 2019
Arthaland Corporation’s Green Finance Framework
September 9, 2019
Beijing Enterprises Holdings Limited’s Green Finance Framework
April 10, 2019
HKSAR’s Green Bond Framework
January 24, 2019
Syctom’s Green Loan
November 23, 2018
The Royal Schiphol Group’s Green Bond
November 17, 2018
Ald Automotive’s Positive Impact Bond
October 23, 2018
Los Heroes’ Social Bond
October 1, 2018
The National Bank Of Canada’s Sustainability Bond Framework
September 17, 2018
Cassa Depositi E Prestiti’s Sustainability Bond
September 11, 2018
Sumitomo Forestry’s Green Convertible Bond
August 13, 2018
Danone’s Social Bond
August 8, 2018
Région Occitanie’s Green and Social Bond
June 20, 2018
KHNP’S Green Bond
June 18, 2018
Iberdrola’s Green Bond
April 17, 2018
Aguas Andinas’ Green And Social Bond
March 21, 2018
ACS SCE’s Green Bond
March 17, 2018
Iberdrola’s Green Hybrid Bond
March 8, 2018
Paprec Group’s Green Bond
January 18, 2018
TLFF I’S Sustainability Notes
January 10, 2018
Engie’s Green Bond Issuance
January 8, 2018
Enel’s Green Bond
November 17, 2017
Engie’s Green Bond
November 2, 2017
Cassa Depositi E Prestiti’s Social Bond
February 8, 2017
Iberdrola’s Green Bond
*Some SPOs were originally conducted by V.E, which was acquired by Moody’s Corporation