Sustainable finance framework

Our framework

This framework demonstrates how investment in our business makes a positive impact across the south west. It also provides us with the means to raise debt finance to achieve our purpose, support our customers’ health and wellbeing, and enhance the environment and diverse communities we serve.

Principles, guidelines and core components

Under this framework, we may issue green, social and/or sustainability debt instruments to support our environmental and social objectives.

Our framework follows the principles and guidelines published by the International Capital Markets Association (ICMA) and Loan Market Association (LMA).

We intend to follow best market practices where possible and in doing so have structured our framework to focus on the four core components of these principles and guidelines, which are:

• use of proceeds
• process for project evaluation and selection
• management of proceeds
• reporting.