MORhomes Publishes Updated Sustainable Bond Framework
Why we think this is neutral
The RNS announcement is about MORhomes publishing an updated Sustainable Bond Framework, which does not fall into any of the mandatory news categories. While this may be positive news for the company's ESG initiatives, it does not directly impact the company's financial performance or operations.
Key Points
- MORhomes has published an updated Sustainable Bond Framework
- The Framework includes an enhanced Sustainable Housing Assessment
- Sustainalytics has provided a positive Second Party Opinion on the Framework
Summary
MORhomes PLC has today published an updated Sustainable Bond Framework ("Framework"), including an enhanced Sustainable Housing Assessment ("SHA") which raises the bar on the ESG requirements for borrowers. Sustainalytics has independently reviewed the Framework and provided a positive Second Party Opinion which confirms that it is Aligned with Green Bond Principles 2021, Social Bond Principles 2023 and Sustainability Bond Guidelines 2021. It also assesses the Sustainability Contribution of the Framework as Significant.