Comisión Federal de Electricidad

Unverified
XFID Unique Identifier for Comisión Federal de Electricidad: XOGT9CGPAX
Country
MX
Sector
Utility
Website
www.clearygottlieb.com
3 Second Party Opinions
2 Frameworks
XFID Type Title Year Source Retrieved
XF-VTHK2GY-7 Framework CFE Sustainable Financing Framework Nov 2024 2024 ↑2022 www.cfe.gob.mx 31 Mar 2026
XF-AWVJDME-W Second Party Opinion Comisión Federal de Electricidad Sustainable Financing Framework Second Party Opinion (2022) 2022 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-TQOQRVW-3 Second Party Opinion Comisión Federal de Electricidad Sustainable Financing Framework Second-Party Opinion (2024) (Spanish) 2024 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-8RZGBAD-I Second Party Opinion Comisión Federal de Electricidad Sustainable Financing Framework Second-Party Opinion (2024) 2024 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-41253TZ-A Framework CFE Sustainable Financing Framework 2022 →2024 www.cfe.mx 21 Feb 2026

XF Company Profile

Extra-financial information found across 5 documents in the XframeworkID registry

NACE D Electricity, Gas & Steam Supply

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
Comisión Federal de Electricidad, Mexico Sustainable Financing Framework 2024
Issuer sector/industry classification
Electricity, Gas & Steam Supply Sustainable Financing Framework 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
CFE Sustainable Financing Framework, 2024 update Sustainable Financing Framework 2024
Framework publication date and update history
Originally published January 31, 2022; Updated November 19, 2024 Sustainable Financing Framework 2024
Bond types covered under framework
Green bonds, Social bonds, Sustainability bonds, Green loans, Social loans Sustainable Financing Framework 2024
Eligible use-of-proceeds categories
Renewable Energy, Energy Efficiency, Clean Transportation, Green Buildings, Pollution Prevention and Control, Climate Change Adaptation and Resilience, Access to Free or Subsidized Essential Services (Digital Inclusion), Access to Free or Subsidized Essential Services (Electricity) Second-Party Opinion 2024
Project evaluation and selection process description
Overseen by Corporate Director's Office for Strategic Planning team, Deputy Director's Office for Investment Evaluation Projects, Investments Commission, and Strategy and Investments Committee, with final allocation approval by CFE's board of directors Second-Party Opinion 2024

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, November 28, 2024 Second-Party Opinion 2024
SPO preliminary evaluation or credibility rating
Credible, impactful and aligned with Sustainability Bond Guidelines 2021, Green Bond Principles 2021, Social Bond Principles 2023, Green Loan Principles 2023 and Social Loan Principles 2023 Second-Party Opinion 2024
SPO assessment scope and methodology
Assessment of framework alignment with ICMA guidelines and evaluation of use of proceeds categories, project selection process, and environmental/social risk management Second-Party Opinion 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 Second-Party Opinion 2024
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Aligned with Green Loan Principles 2023 and Social Loan Principles 2023 Second-Party Opinion 2024
Alignment with UN Sustainable Development Goals
SDGs 7, 9, 11, 12 and 13 Second-Party Opinion 2024

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Foster Environmental, Social and Governance (ESG) culture and policies; enhance key sustainability concepts throughout management, processes, and business strategies; guarantee compliance with environmental regulations; develop and promote environmentally conscious corporate policies; strengthen relations with investor base Sustainable Financing Framework 2024

Changes Over Time

Items where disclosed information changed across documents.

Framework publication date and update history
2022 January 31, 2022
2024 November 19, 2024 (updated from January 2022)
Bond types covered under framework
2022 Green bonds and social bonds
2022 Green bonds, Social bonds, Sustainability bonds
2024 Green bonds, social bonds, sustainability bonds, green loans, social loans
Eligible use-of-proceeds categories
2022 Clean energy and energy efficiency projects; social inclusion projects and activities
2022 Renewable Energy, Energy Efficiency, Clean Transportation, Green Buildings, Access to Free or Subsidized Essential Services (Digital Inclusion)
2024 Renewable Energy, Energy Efficiency, Clean Transportation, Green Buildings, Pollution Prevention and Control, Climate Change Adaptation and Resilience, Access to Free or Subsidized Essential Services (Digital Inclusion), Access to Free or Subsidized Essential Services (Electricity)
Corporate mission and sustainability strategy
2022 Foster Environmental, Social and Governance (ESG) culture and policies; integrate sustainability concepts throughout management, processes, and business strategies to create long-term understanding of economic and social impacts
2024 Foster Environmental, Social and Governance (ESG) culture and policies; enhance sustainability concepts throughout management, processes, and business strategies; guarantee compliance with environmental regulations; develop and promote environmentally conscious corporate policies
Corporate purpose statement relating to sustainability
2022 Guarantee compliance with existing environmental regulations; develop and promote friendly environment corporate policies; improve relations with affected groups; strengthen relations with investors
2024 Create a long-term understanding of the economic and social impacts of sustainability policies; improve relations with affected groups; strengthen investor relations
Alignment with ICMA Green Bond Principles
2022 Framework aligned with voluntary process guidelines recommending transparency, disclosure and integrity for best practices
2022 Aligned with Green Bond Principles 2021
Alignment with UN Sustainable Development Goals
2022 SDG 7 (Affordable and Clean Energy), SDG 9 (Industry, Innovation and Infrastructure), SDG 11 (Sustainable Cities and Communities)
2024 SDGs 7, 9, 11, 12, and 13

Document Updates

What changed between successive versions of documents.

2022 2024

CFE updated its Sustainable Financing Framework from 2022 to 2024 to reflect its evolved strategic priorities and expanded thematic financing capabilities. The framework now covers a 2024-2028 business planning cycle, introduces broader debt instrument options including sustainability bonds and loans, and incorporates updated market standards for thematic financing. The company also increased its user base from 46.4 million to 48.6 million customers and emphasizes a more comprehensive approach to leverage thematic debt instruments beyond traditional green and social bonds.

  • expanded Use of Proceeds — Framework expanded to include sustainability bonds and loans in addition to green and social bonds, broadening the range of eligible financial instruments for thematic financing.
  • modified Standards Alignment — Updated reference from 'voluntary process guidelines' to explicitly align with 'latest voluntary process guidelines for thematic financing instruments' reflecting more current market standards.
  • modified Business Planning Cycle — Business plan period updated from 2022-2026 to 2024-2028, reflecting CFE's updated strategic planning horizon and the three-year evolution since the original framework.
  • expanded Governance Framework — Framework now explicitly noted as an 'update' to the January 2022 version, with enhanced language clarifying alignment to the most up-to-date version of the Framework for future projects.
  • added Use of Proceeds — Added explicit cross-reference to section 5.1 detailing eligible project categories, creating clearer linkage between financing instruments and permissible use of proceeds.