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.