Sustainable Finance

Sustainable Finance plays an important role in the realization of the 17 Sustainable Development Goals determined by the United Nations and the Green Deal strategy followed by the European Union to prevent climate change. Today, investors no longer evaluate their savings without examining companies' ESG Strategy and scoring and evaluating the ecological and social impacts of the projects developed. This situation forces companies to share that their activities and operations are sensitive to environmental and social norms and that they have a sustainable business plan and/or strategy with current and potential investors. In this context, SÜRATAM Sustainability Services assists companies in reporting the Sustainable Finance tools they need to carry out or expand their operations.

External Review

SÜRATAM Sustainability Services, with its staff specialized in environment and sustainability, is competent in examining and evaluating the compliance of projects and project categories that are subject to sustainable finance with national and international standards, the relevance of issuers' sustainability goals and policies with the project to be funded, the targeted benefits, effects and possible risks of the projects. Companies and projects are provided with external evaluation services in the following categories, taking into account the principles of confidentiality, objectivity, honesty, professional ethics and dependence on principles:
  • Establish Sustainable Finance Framework
  • Verification
  • Second Party Opinion (SPO)

According to national and international principles and standards of sustainable finance instruments to be issued on a company and/or project basis; SÜRATAM Sustainability Services assists in the preparation of the financing framework document in which business processes, environmental criteria, key performance indicators and/or sustainability performance targets will be explained, taking into account four basic elements: Use of Proceeds, Process for Project Evaluation and Selection, Management of the Proceeds and Reporting.

SÜRATAM Sustainability Services provides an independent verification service that the sustainable finance framework document prepared on a company and/or project basis meets the conditions determined for the business processes, environmental criteria, key performance indicators and/or sustainability performance targets determined by the company. It certifies whether the instruments of export comply with national and international standards and are prepared in accordance with four basic elements such as use of proceeds, environmental impact declaration or reporting.

The second party view evaluates whether the sustainable financing instruments are compatible with national and international standards, examines the environmental sustainability targets, strategies, policies of the company that will use the funding, the types of projects that the fund will be used for, whether these projects overlap with the company’s environmental understanding, and the benefits and risks targeted by the project.

SÜRATAM Sustainability Services is competent in providing verification and second-party opinion, and is included in the list of consultant companies that are competent to conduct an External Review by SPK and ICMA.

Farmer planting money
Sustainable Bonds
Sustainable Bonds is the general name of the financial instruments used for financing and/or refinancing the projects whose incomes are aimed to contribute to the ecological, social or joint contribution to increase the welfare of the society. It is reported by following national and international standards such as Capital Markets Board (SPK) Green Debt Instruments and Green Lease Certificate Guidelines, International Capital Markets Association (ICMA) Bond Principles, Climate Bond Initiative (CBI) Standards.
Farmer planting money
Sustainable Bonds
Sustainable Bonds is the general name of the financial instruments used for financing and/or refinancing the projects whose incomes are aimed to contribute to the ecological, social or joint contribution to increase the welfare of the society. It is reported by following national and international standards such as Capital Markets Board (SPK) Green Debt Instruments and Green Lease Certificate Guidelines, International Capital Markets Association (ICMA) Bond Principles, Climate Bond Initiative (CBI) Standards.
Sukuk/Lease Agreement
Sustainable Sukuk, or Sustainable Lease Agreement as translated into our language, is the preparation of traditional sustainable bonds with Islamic finance principles in mind. It is used for financing and/or refinancing projects that will provide ecological, social or mutual benefit in lease agreements. The reporting is prepared taking national and international standards such as Capital Markets Board (SPK) Green Debt Instruments and Green Lease Certificate Guidelines, Islamic Development Bank (IsDB) Sustainable Finance Framework, Malaysian Securities Sustainable and Responsible Investment Framework etc. into consideration.
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Sukuk/Lease Agreement

Sustainable Sukuk, or Sustainable Lease Agreement as translated into our language, is the preparation of traditional sustainable bonds with Islamic finance principles in mind. It is used for financing and/or refinancing projects that will provide ecological, social or mutual benefit in lease agreements. The reporting is prepared taking national and international standards such as Capital Markets Board (SPK) Green Debt Instruments and Green Lease Certificate Guidelines, Islamic Development Bank (IsDB) Sustainable Finance Framework, Malaysian Securities Sustainable and Responsible Investment Framework etc. into consideration.
Circle ecology composition with cartoon style drawn earth globe divided into two halves clean and polluted vector illustration
Transition Bond
The Transition Bond financing, which has emerged in order to reduce the environmental impact and emission values of companies operating in carbon-intensive sectors, and to ensure their transition to more sustainable operations, is used for financing and/or refinancing new and/or existing projects. Projects in Transition Bonds are not called 'green', but should be projects that contribute positively to climate change adaptation and mitigation. In this regard, reports are made in accordance with applicable national and international standards.
Circle ecology composition with cartoon style drawn earth globe divided into two halves clean and polluted vector illustration

Transition Bond

The Transition Bond financing, which has emerged in order to reduce the environmental impact and emission values of companies operating in carbon-intensive sectors, and to ensure their transition to more sustainable operations, is used for financing and/or refinancing new and/or existing projects. Projects in Transition Bonds are not called 'green', but should be projects that contribute positively to climate change adaptation and mitigation. In this regard, reports are made in accordance with applicable national and international standards.
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You can contact us for all your questions or comments. Our team will be happy to assist you further.

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