Toyota Leasing Green Financing Framework and Second Party Opinion (SPO) by Sustainalytics
On the environment front, TLT plays a key role in supporting Toyota Environmental Challenge 2050, a set of six long-term goals that will reduce the environmental burden of our products and activities including reduce global average CO2 emission from new vehicles by 90 percent compared to Toyota’s 2010 level by 2050. With this regards, TLT has decided to establish a Green Financing Framework that clearly described how TLT raise green debt-like instruments, including, but not limited to, bonds and loans, in Thai baht or other currencies. This framework is established in accordance with the Green Bond Principles 2018 and the Green Loan Principles 2021. The use of proceeds will be used for finance and/or refinance new and/or existing loans or leases for the eligible car models as described in Green Finance Framework.
Green Bond Framework Documents download link:
https://www.tlt.co.th/download/TLT_Green_Financing_Framework_Second-Party_Opinion.pdf
https://www.tlt.co.th/download/TLT_Green_Bond_Framework_19Apr21.pdf
Sustainalytics published the SPO at the following link:
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/toyota-leasing-(thailand)-company-limited-green-financing-framework-second-party-opinion.pdf?sfvrsn=faa66a3a_1
