Capri Global secures ‘Good’ ESG Rating from Sustainable Fitch – Asia Pacific

Capri Global Capital (CGCL) has announced that it has received a Second-Party Opinion (SPO) from Sustainable Fitch on its Sustainable Finance Framework, with an overall alignment rating of ‘Good’.
 
The assessment confirms that the framework is fully aligned with the International Capital Market Association (ICMA) Green Bond Principles, Social Bond Principles, and Sustainability Bond Guidelines, the company stated.
 
The framework enables Capri Global to raise green and social finance to fund or refinance eligible projects across defined environmental and social categories. On the environmental front, the framework covers areas such as renewable energy, energy efficiency, green buildings, pollution prevention, climate change mitigation and adaptation, circular economy initiatives, and sustainable water and wastewater management.
 
Speaking on the development, Jinisha Sharma, Principal – ESG and Impact Investments, Capri Global, said, “At Capri Global, we believe that financial growth must go hand-in-hand with sustainable impact. The Second-Party Opinion from Sustainable Fitch validates the strength and credibility of our Sustainable Finance Framework. This framework enables us to actively support climate-positive initiatives and inclusive growth by financing sectors that support the same.”
 
Sustainable Fitch noted that Capri Global has established a robust project evaluation and selection process with clearly defined roles and responsibilities. The proceeds will be tracked through a dedicated account, in line with market best practices. The company has also committed to publishing annual allocation and impact reports until the proceeds are fully allocated, ensuring transparency and accountability.