Fluvius System Operator CV

Unverified
XFID Unique Identifier for Fluvius System Operator CV: XOV7ZA36G7
Country
BE
Sector
Corporate Finance
Website
www.sustainablefitch.com
3 Second Party Opinions
XFID Type Title Year Source Retrieved
XF-YLDTK6Z-F Second Party Opinion Fluvius System Operator cv - Second-Party Opinion 2024 www.sustainablefitch.com 30 Mar 2026
XF-6Q91A61-D Second Party Opinion ISS ESG Second Party Opinion — Fluvius System Operator CV 2020 spowidget.iss-corporate.com 20 Mar 2026
XF-KEISTWC-7 Second Party Opinion ISS ESG Second Party Opinion — Fluvius System Operator CV 2023 spowidget.iss-corporate.com 20 Mar 2026

XF Company Profile

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

NACE E Water Supply, Sewerage & Waste

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
Fluvius System Operator CV, Belgium Second-Party Opinion 2024
Issuer sector/industry classification
Water Supply, Sewerage & Waste Second-Party Opinion 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Fluvius Green Finance Framework, May 24, 2023 Second-Party Opinion 2023
Framework publication date and update history
May 24, 2023 (2023 version); September 2020 (2020 version) Second-Party Opinion 2023
Bond types covered under framework
Green Bond, Green Loan Second-Party Opinion 2023
Project evaluation and selection process description
Multi-layer project approval process involving green finance committee and management committee with robust evaluation utilizing various expertise Second-Party Opinion 2024
Management of proceeds approach
Internal tracking of proceeds aligned with market practice; removal power for ineligible assets; comingled management of green bond proceeds with treasury funds Second-Party Opinion 2024
Reporting commitments under framework
Full commitment to annual allocation and impact reporting until full allocation, aligned with Green Bond Principles and Green Loan Principles Second-Party Opinion 2024
Refinanced vs. newly financed project distinction
Defined lookback period for refinanced projects; absence of pre-identified proportion of new project financing limits assessment of environmental value added Second-Party Opinion 2024
Eligible use-of-proceeds categories
UoP categories aligned with ICMA Green Bond Principles and LMA, LSTA, APLMA Green Loan Principles with clear environmental benefits Second-Party Opinion 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with ICMA Green Bond Principles (June 2021 with June 2022 Appendix) Second-Party Opinion 2023
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Aligned with Green Loan Principles administered by LMA (February 2023) Second-Party Opinion 2023
Alignment with EU Taxonomy for sustainable activities
Aligned with EU Taxonomy Climate Delegated Act (June 2021); use of proceeds categories comply with substantial contribution criteria under environmental objectives of climate change mitigation and sustainable use and protection of water and marine resources Second-Party Opinion 2023

External Review & Verification

Second Party Opinion provider name and assessment date
Sustainable Fitch; Assessment dates: May 29, 2023 (2023 SPO) and November 22, 2020 (2020 SPO) Second-Party Opinion 2023
SPO assessment scope and methodology
Scope includes Fluvius Green Finance Framework, Fluvius Eligibility Criteria, and sample of green bond portfolio; verification against Green Bond Principles, Green Loan Principles, EU Taxonomy and technical standards Second-Party Opinion 2023
Pre-issuance or post-issuance verification type
Pre-issuance verification Second-Party Opinion 2023

Changes Over Time

Items where disclosed information changed across documents.

Alignment with Green Loan Principles
2020 Aligned
2024 Aligned with LMA, LSTA and APLMA Green Loan Principles
Sustainable bond framework name
2023 Fluvius Green Finance Framework
2024 Green Financing Framework
Alignment with ICMA Green Bond Principles
2023 Green Bond Principles (ICMA, June 2021 with June 2022 Appendix 1)
2024 Aligned
Alignment with EU Taxonomy for sustainable activities
2023 EU Taxonomy Climate Delegated Act (June 2021)
2024 Compliant with substantial contribution criteria (SCC) outlined in the EU taxonomy
SPO assessment scope
2023 Sustainability Quality of the Issuer and Green Finance Framework
2024 Use of Proceeds, Evaluation and Selection, Management of Proceeds, and Reporting and Transparency