Finnish Fund for Industrial Cooperation Ltd
Unverified XFID Unique Identifier for Finnish Fund for Industrial Cooperation Ltd:
XO1SX5AFXV 1 Framework
1 Second Party Opinion
Documents (2)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-OB5KT36-6 | Framework | Finnfund Sustainability Bond Framework FINAL 150922 | 2022 | www.finnfund.fi | 21 Feb 2026 |
| XF-UVII893-S | Second Party Opinion | Finnfund Sustainability Bond Framework Second Party Opinion | 2022 | www.finnfund.fi | 21 Feb 2026 |
XF Company Profile
Extra-financial information found across 2 documents in the XframeworkID registry
NACE U Extraterritorial Organisations
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
- Finnish Fund for Industrial Cooperation Ltd, Finland FRAMEWORK 2022
- Issuer sector/industry classification
- Extraterritorial Organisations FRAMEWORK 2022
- Issuer type
- Development financier and professional impact investor FRAMEWORK 2022
- Core business activities and geographic focus
- Promotion of economic and social development in developing countries. Investment in developing countries as defined by OECD DAC ODA recipients list. FRAMEWORK 2022
- Issuer organizational structure
- Majority state-owned; public-private partnership structure FRAMEWORK 2022
- Parent company or ownership structure
- Majority-owned by the Finnish State FRAMEWORK 2022
Corporate Strategy & Mission
- Corporate mission and sustainability strategy
- Mission to promote economic and social development in developing countries; vision that people and the planet are at the core of every investment decision FRAMEWORK 2022
- Corporate purpose statement relating to sustainability
- All profits are recycled into new projects that drive sustainable development FRAMEWORK 2022
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- Finnfund Sustainability Bond Framework, 2022 FRAMEWORK 2022
- Framework publication date and update history
- September 2022 FRAMEWORK 2022
- Eligible use-of-proceeds categories
- Green: Renewable Energy, Energy Efficiency, Clean Transportation, Pollution Prevention and Control, Environmentally Sustainable Management of Living Natural Resources and Land Use, Climate Change Adaptation. Social: Access to Essential Services, Affordable Basic Infrastructure, Food Security and Sustainable Food Systems, Employment Generation SPO 2022
- Project evaluation and selection process description
- Overseen by Sustainability Bond Committee with environmental and social risk management process applicable to all allocation decisions SPO 2022
- Management of proceeds approach
- Treasury department responsible for managing allocation using Sustainability Bond Framework Register. Allocation target within 24 months of issuance. Pending allocation, proceeds temporarily placed in liquidity reserve. SPO 2022
- Temporary investment of unallocated proceeds
- Temporarily placed in Finnfund's liquidity reserve pending allocation SPO 2022
- Reporting commitments under framework
- Annual publicly available Sustainability Bond Report SPO 2022
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Aligned with Green Bond Principles 2021 SPO 2022
- Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
- Aligned with Sustainability Bond Guidelines 2021 and Social Bond Principles 2021 SPO 2022
- Alignment with UN Sustainable Development Goals
- SDGs 2, 3, 4, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15 SPO 2022
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- Sustainalytics, 2022 SPO 2022
- SPO preliminary evaluation or credibility rating
- Framework is credible and impactful SPO 2022
- SPO assessment scope and methodology
- Assessment of eligible categories alignment with Green Bond Principles and Social Bond Principles, environmental and social impacts, risk management systems, and project selection process SPO 2022
Changes Over Time
Items where disclosed information changed across documents.
Bond types covered under framework
Eligible use-of-proceeds categories
2022 Renewable Energy, Energy Efficiency, Clean Transportation, Pollution Prevention and Control, Environmentally Sustainable Management of Living Natural Resources and Land Use, Climate Change Adaptation, Access to Essential Services, Affordable Basic Infrastructure, Food Security and Sustainable Food Systems, Employment Generation
Project evaluation and selection process description
Management of proceeds approach