The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America, Canada, Japan or Australia or in any other jurisdiction where it is unlawful to publish or distribute this document.
Rome, December 6th, 2024
Ferrovie dello Stato Italiane (FS) has made available on its website the sixth Green Bond Report in line with the ICMA Principles and with the provisions of its Green Bond Framework.
The report discloses the allocation of the proceeds of the green bonds issued under the EMTN Programme up to Series 22, for a total of 4.45 billion of euros, as well as the positive impacts that the financed investments generate in terms of environmental sustainability.
The results of the report, relating to the period 2019 - 2023, highlight the positive effects of the projects financed - based on the methodologies used - in terms of both energy savings and reduction of CO2 emissions, thanks to the investments of Trenitalia, Rete Ferroviaria Italiana and Mercitalia Rail.
Details useful for the compliance of projects funded with the European Taxonomy were also reported.
The report obtained a third-party opinion from KPMG, which validated the calculation methodologies adopted by FS for impact reporting and certified the correct allocation of bond proceeds to Eligible Green Projects as defined by FS's 2022 Green Bond Framework.
The report is available at the following link.
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