Abri is a not for profit housing provider, aiming to create thriving communities and empower lives by building at least 12,500 new homes by 2030.
DNV was commissioned by Abri to provide a review of its Sustainable Finance Framework (SFF) against the International Capital Market Association (ICMA) for the Green Bond Principles 2021, the Social Bond Principles 2021 and the Sustainability Bond Guidelines 2021, and the Loan Market Association (LMA) for Green Loan Principles 2021 and Social Loan Principles 2021.
The SFF further exemplifies its Environmental, Social, Governance (ESG) commitments by contributing to achieving net zero targets across its supply chain, adopting the principles of the World Economic Forum’s Climate Governance Initiative, and aligning with the United Nation’s Sustainable Development Goals. The framework also supports Abri’s focus on creating thriving communities and empowering lives sustainably.
DNV’s UK Sustainability team, headed by Niki Bowen, Shaun Waldenand Shuhaib Maudarbaccus, established Abri’s alignment with all the above criteria.
Niki Bowen, Senior Sustainability and ESG Consultant – UK at DNV Supply Chain & Product Assurance, said, “It is great to see Abri publish this SFF for social housing, and it shows Abri’s commitment to respond to the climate crisis for the sector. The framework will be welcomed by the growing ESG community, and I look forward to hearing about future developments.”
DNV supports the sustainable financing activities of its customers by providing Second Party Opinions, giving an independent assessment of a bond, loan, or framework’s alignment to accepted market principles that in turn, drives investing practices/portfolio decision making.
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