Argenta Spaarbank NV

The 2025 version of Argenta's Green Bond Framework represents a significant structural and strategic update from the 2022 version. The framework has been reorganized with more detailed subsections (now including explicit sections on Project Evaluation, Proceeds Management, Reporting, and External Review), and the introduction has been substantially rewritten to emphasize Argenta's expanded geographic footprint (Belgium and Netherlands), current market position, and updated strategic pillars. The 2025 version explicitly references alignment with the Paris climate objective to limit warming to 1.5°C and introduces a more structured governance approach with defined processes for project evaluation, selection, and external verification. The sustainability policy section has shifted from focusing on the 17 SDGs to emphasizing ESG integration and a specific 2024-2027 sustainability action plan.

• added Climate Target — Explicit commitment to Paris climate objective of limiting global warming to 1.5°C introduced in the 2025 version.
• expanded Framework Structure — Green Bond Framework now includes detailed subsections on Project Evaluation and Selection, Management of Proceeds, Reporting, and External Review and Verification that were not explicitly outlined in the 2022 version.
• modified Sustainability Approach — Shifted from primary focus on 17 UN Sustainable Development Goals framework to emphasis on ESG integration and a specific 2024-2027 sustainability action plan.
• expanded Governance — 2025 version explicitly commits to external review and verification processes, whereas 2022 version did not detail external verification requirements.
• expanded Scope and Scale — 2025 version clarifies Argenta's expanded operations to include both Belgium and the Netherlands, and updates market position to reflect over 1.7 million customers and status as Belgium's sixth largest banking institution.