City of San José Financing Authority

Unverified
Sector
International Public Finance
Website
www.sustainablefitch.com
2 Second Party Opinions
1 Certification
XFID Type Title Year Source Retrieved
XF-CLHOJ97-5 Second Party Opinion Kestrel Verifier's Report — City of San José Financing Authority 2022 kestrelesg.com 31 Mar 2026
XF-ZOWC0ZW-6 Second Party Opinion City of Munich - Post-Issuance Review 2024 www.sustainablefitch.com 30 Mar 2026
XF-YVGGUY5-P Certification Verifier’s Report EXECUTIVE SUMMARY 2022 www.climatebonds.net 16 Mar 2026

XF Company Profile

Extra-financial information found across 3 documents in the XframeworkID registry

NACE O Public Administration & Defence

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
City of San José Financing Authority, United States (California) Verifier's Report 2022
Issuer sector/industry classification
Public Administration & Defence; Water Infrastructure Verifier's Report 2022
Issuer organizational structure
Municipal financing authority Verifier's Report 2022
Issuer type
Municipal utility / Water utility Verifier's Report 2022

Issuance Details

Bond instrument type
Green Bond (Climate Bond Certified) Verifier's Report 2022
Bond issuance date
2022 Verifier's Report 2022
Par or principal amount of bond and currency
USD 275,570,000 CERTIFICATION 2022

Standards & Regulatory Alignment

Alignment with Climate Bonds Standard
Climate Bond Certified Verifier's Report 2022
Alignment with UN Sustainable Development Goals
Contribution to UN SDGs assessed Post-Issuance Review 2024
Alignment with ICMA Green Bond Principles
Alignment assessed with ICMA Harmonised Framework for Impact Reporting Post-Issuance Review 2024

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Kestrel Verifiers, November 2, 2022 Verifier's Report 2022
SPO assessment scope and methodology
Climate Bond Standard and Sector Criteria (Water Infrastructure); Assessment of impactfulness and net zero alignment Verifier's Report 2022
Pre-issuance or post-issuance verification type
Post-issuance verification Verifier's Report 2022
Assurance provider name and engagement period
Sustainable Fitch; December 2025 Post-Issuance Review 2024
Assurance level
Not limited or reasonable assurance; assessment-based review Post-Issuance Review 2024
Assurance scope
Use of proceeds, alignment with framework, impact reporting indicators, ICMA Harmonised Framework alignment, UN SDG contributions Post-Issuance Review 2024

Green / Sustainable Finance Framework

Eligible use-of-proceeds categories
Wastewater treatment, sustainable management of natural resources, pollution prevention, odor control, energy efficiency Verifier's Report 2022
Reporting commitments under framework
Impact reporting in line with ICMA Harmonised Framework for Impact Reporting; Green Bond Allocation and Impact Report Post-Issuance Review 2024
Geographic scope of eligible projects
San Francisco Bay, California, United States Verifier's Report 2022
Sustainable finance framework name and version
City of Munich sustainable finance framework (June 2024) Post-Issuance Review 2024
Bond types covered under framework
Green bonds Post-Issuance Review 2024

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name and version
2022 Sustainability Bond Guidelines 2021
2024 City of Munich sustainable finance framework (June 2024)
Eligible use-of-proceeds categories
2022 Water Infrastructure; wastewater treatment improvements; emissions reduction; biosolids reuse
2022 Wastewater treatment, sustainable management of natural resources, pollution prevention, odor control, energy efficiency
Project evaluation and selection process description
2022 Projects selected from comprehensive Master Plan adopted in 2013 and incorporated into City's long-term Capital Improvement Plan
2022 Treatment Plant Projects are part of a comprehensive Master Plan adopted in 2013 to address aging infrastructure, regulations related to effluent quality, projected increase in flows and loads, and sea level rise. Priorities incorporated into City's long-term Capital Improvement Plan.
Sustainable finance taxonomy used
2022 Climate Bonds Standard - Water Infrastructure Sector Criteria
2024 ICMA Harmonised Framework for Impact Reporting
Pre-issuance or post-issuance verification type
2022 Pre-issuance verification
2024 Post-issuance review
Alignment with Climate Bonds Standard
2022 Version 3.0
2022 Yes, Climate Bonds Standard Version 3.0
Alignment with ICMA Sustainability Bond Guidelines
2022 Aligned with Sustainability Bond Guidelines 2021
2022 Yes, conforms with four core components
Bond instrument type
2022 Green Bond / Climate Bond Certified
2022 Green Bond
Par or principal amount of bond and currency
2022 $268,355,000 USD
2024 EUR 300 million