Banco de Desenvolvimento de Minas Gerais (BDMG)
Unverified XFID Unique Identifier for Banco de Desenvolvimento de Minas Gerais (BDMG):
XOZHDQEMFU 5 Second Party Opinions
Documents (5)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-X0HK5V3-2 | Second Party Opinion | Banco de Desenvolvimento de Minas Gerais - Second-Party Opinion | 2025 | www.sustainablefitch.com | 30 Mar 2026 |
| XF-CFCMH1U-P | Second Party Opinion | Opinião de Segunda Parte (Second-Party Opinion - SPO) — Banco de Desenvolvimento de Minas Gerais | 2025 | www.sustainablefitch.com | 30 Mar 2026 |
| XF-3MMW0KG-D | Second Party Opinion | BDMG Sustainability Bond Framework Second-Party Opinion | 2020 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 5 Mar 2026 |
| XF-RG81S1P-9 | Second Party Opinion | Banco de Desenvolvimento de Minas Gerais (BDMG) Green Bond Second-Party Opinion (Portugese) | 2018 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 5 Mar 2026 |
| XF-4LF60TN-T | Second Party Opinion | Banco de Desenvolvimento de Minas Gerais (BDMG) Green Bond Second-Party Opinion | 2018 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 5 Mar 2026 |
Press Coverage (1)
News and trade press mentioning this issuer, tracked in the registry.
XF Company Profile
Extra-financial information found across 5 documents in the XframeworkID registry
NACE K Financial & Insurance Activities
Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.
Issuer Identity & Structure
- Issuer name and country/jurisdiction
- Banco de Desenvolvimento de Minas Gerais (BDMG), Brazil - State of Minas Gerais SPO 2025
- Issuer sector/industry classification
- Financial & Insurance Activities Company Profile
- Issuer type
- Public development bank SPO 2025
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- BDMG Sustainable Finance Framework SPO 2025
- Bond types covered under framework
- Green bonds, social bonds, sustainability bonds SPO 2025
- Eligible use-of-proceeds categories
- Sustainable Agriculture, Sustainable Management of Living Natural Resources, Renewable Energy, Energy Efficiency, Sustainable Water and Wastewater Management, Clean Transportation, Pollution Prevention and Control, Access to Essential Services (Health and Education), Socioeconomic Empowerment SPO 2020
External Review & Verification
Standards & Regulatory Alignment
Corporate Strategy & Mission
- Corporate mission and sustainability strategy
- Economic development of the State of Minas Gerais through sustainable finance SPO 2025
Changes Over Time
Items where disclosed information changed across documents.
Sustainable bond framework name
Bond types covered under framework
Alignment with ICMA Green Bond Principles
Eligible use-of-proceeds categories
2018 Pollution prevention and control; Water and effluent management; Renewable energy; Biofuels; Energy efficiency; Clean transportation; Natural resources management →
2020 Sustainable Agriculture and Sustainable Management of Living Natural Resources; Renewable Energy and Energy Efficiency; Sustainable Water and Wastewater Management; Clean Transportation; Pollution Prevention and Control; Access to Essential Services - Health; Access to Essential Services - Education; Socioeconomic Empowerment - Gender inclusion; Employment Generation - Micro and small enterprises; Affordable Basic Infrastructure - Inclusive and sustainable urbanization; Access to Essential Services - Economic recovery after disasters →
2025 Green and social use of proceeds categories
Alignment with UN Sustainable Development Goals
Project evaluation and selection process description
2018 Framework Committee headed by Executive Director evaluates projects based on credit risk, expected environmental impacts, Framework alignment, and Social-Environmental Responsibility Policy alignment →
2020 BDMG's Credit and Renegotiation Committee comprised of representatives from Credit Analysis, Operations, Credit Management, Products, Risks and Internal Control, Finance and Legal evaluates and approves projects against eligibility and exclusionary criteria in alignment with the Bank's internal socio-environmental policies
Management of proceeds approach
2018 Financial Management department oversees management; proceeds registered as unique source; held in cash account or high-liquidity low-risk instruments pending allocation →
2020 BDMG's Financial Management department oversees management of proceeds, registered as unique source by established internal accounting functions. Pending allocation, proceeds held in cash account or invested in high-liquidity instruments
Temporary investment of unallocated proceeds
SPO preliminary evaluation or credibility rating