Financing and credit rating
Bond issuance
In June 2022, EPSO-G issued a sustainability-linked bond, which is listed on the Nasdaq Baltic Debt Securities List. This was the first sustainability-linked bond issue in the Baltic States.
Objectives and indicators in the prospectus for sustainability-linked bonds
| Key performance indicators (KPIs) | KPI baseline value | Sustainability performance targets (SPTs) |
|---|---|---|
KPI 1: Scope 1 and 2 GHG emissions (market-based method), tCO₂e | 2019 | SPT1: 30% reduction in Scope 1 and 2 GHG emissions (market-based method) by 2026, compared to the 2019 baseline year |
KPI 2: Energy not supplied (ENS), MWh | No baseline value | SPT2: Energy not supplied (ENS) not exceeding 136,255 MWh over the 2022–2026 period |
Credit rating
Moody’s Ratings has assigned EPSO-G a Baa1 credit rating with a stable outlook. More information is available in the periodic credit rating review report.