Greenko Group
Unverified XFID Unique Identifier for Greenko Group:
XOHTLBB7QW 2 Second Party Opinions
1 Assurance Report
1 Impact Report
1 Framework
Documents (5)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-BXB5FWE-Y | Assurance Report | Greenko S&P SPO Mar 2025 | 2025 | greenkogroup.com | 31 Mar 2026 |
| XF-S0BTHVQ-G | Impact Report | Greenko Investment Co Impact Report | 2021 | greenkogroup.com | 31 Mar 2026 |
| XF-JU9P3PL-K | Framework | Greenko Green Bond Framework Feb 2025 | 2025 | site.greenkogroup.com | 31 Mar 2026 |
| XF-9KG9GT8-E | Second Party Opinion | Greenko Group Green Bond Framework Second-Party Opinion | 2019 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 5 Mar 2026 |
| XF-SUIDS2Q-T | Second Party Opinion | Greenko Group Green Bond Framework Second-Party Opinion (2022) | 2022 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 2 Mar 2026 |
Press Coverage (3)
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 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 sector/industry classification (Issuer Identity & Structure)
- Electricity, Gas & Steam Supply FRAMEWORK 2025 2025
- Issuer name and country/jurisdiction (Issuer Identity & Structure)
- Greenko Group, India FRAMEWORK 2025 2025
- Issuer type (e.g., bank, asset manager, pension fund, REIT, utility) (Issuer Identity & Structure)
- Utility/Renewable Energy Developer FRAMEWORK 2025 2025
- Core business activities and geographic focus (Issuer Identity & Structure)
- Development and operation of clean energy projects (solar, wind, hydropower, storage) in India; electricity generation and sales to state utilities, private customers, and transmission companies FRAMEWORK 2025 2025
Corporate Strategy & Mission
- Corporate mission and sustainability strategy (Corporate Strategy & Mission)
- Build and operate flexible utility scale energy assets to deliver demand driven solutions FRAMEWORK 2025 2025
- Sustainability strategy pillars and focus areas (Corporate Strategy & Mission)
- Decarbonization, Digitalization, and Decentralization of India's Energy Sector; clean energy generation; community programmes centered on education, health, and environmental stewardship FRAMEWORK 2025 2025
- Corporate purpose statement relating to sustainability (Corporate Strategy & Mission)
- To be a responsible corporate citizen incorporating sustainability operationally and contributing to environmental and social impact in local communities FRAMEWORK 2025 2025
Green / Sustainable Finance Framework
- Sustainable bond framework name and version (Green / Sustainable Finance Framework)
- Greenko Group Green Bond Framework, 2021 version FRAMEWORK 2025 2025
- Framework publication date and update history (Green / Sustainable Finance Framework)
- February 2025 FRAMEWORK 2025 2025
- Bond types covered under framework (green, social, sustainability, sustainability-linked) (Green / Sustainable Finance Framework)
- Green Bond FRAMEWORK 2025 2025
- Eligible use-of-proceeds categories (Green / Sustainable Finance Framework)
- Renewable Energy (solar, wind, hydropower, storage); Energy Storage FRAMEWORK 2025 2025
- Project evaluation and selection process description (Green / Sustainable Finance Framework)
- Business Development Department, Greenko Integrated Management System (GIMS) department, and Environmental, Health, and Safety (EHS) team oversee project selection including commercial feasibility and eligibility. All eligible projects undergo voluntary Environmental and Social Impact Assessment (ESIA) or implement Environmental and Social Management System (ESMS) based on International Finance Corporation's Performance Standards on Environmental and Social Sustainability. SPO 2022 2022
- Management of proceeds approach (Green / Sustainable Finance Framework)
- Net proceeds deposited in a bank account for interim period before disbursement to eligible assets through Greenko's subsidiaries; immediate allocation towards refinancing eligible green assets SPO 2022 2022
- Temporary investment of unallocated proceeds (Green / Sustainable Finance Framework)
- Deposited in a bank account for interim period SPO 2022 2022
- Refinanced vs. newly financed project distinction (Green / Sustainable Finance Framework)
- Refinancing of eligible green assets SPO 2022 2022
- Reporting commitments under framework (Green / Sustainable Finance Framework)
- Annual Impact report published on website including list of all projects refinanced with descriptions, amounts allocated to each eligible project, and relevant impact metrics SPO 2022 2022
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles (Standards & Regulatory Alignment)
- Aligns with Green Bond Principles 2021 (with June 2022 Appendix 1) across four core components: use of proceeds, process for evaluation and selection, management of proceeds, and reporting FRAMEWORK 2025 2025
- Alignment with UN Sustainable Development Goals (Standards & Regulatory Alignment)
- SDG 7: Affordable and Clean Energy SPO 2022 2022
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date (External Review & Verification)
- Sustainalytics; 2022 SPO 2022 2022
- SPO preliminary evaluation or credibility rating (External Review & Verification)
- Credible and impactful; SQS2 Sustainability Quality Score (Very Good) ASSURANCE 2025 2025
- SPO assessment scope and methodology (External Review & Verification)
- Assessment of alignment with Green Bond Principles 2021; evaluation of eligible use-of-proceeds categories; review of project selection process and environmental/social standards compliance; assessment of proceeds management and reporting practices SPO 2022 2022
- Assurance provider name and engagement period (External Review & Verification)
- Sustainalytics; 2019, 2022, 2025 SPO 2022 2022
- Assurance scope (use of proceeds, project selection, reporting) (External Review & Verification)
- Use of proceeds alignment with GBP; project selection process and eligibility; proceeds management; impact reporting SPO 2022 2022
Changes Over Time
Items where disclosed information changed across documents.
Corporate mission and sustainability strategy
2021 Building, owning & operating high-quality renewable energy assets leveraging leading edge technologies for a stable and inclusive future →
2025 To lead Decarbonization, Digitalization and Decentralization of India's Energy Sector; Build and operate flexible utility scale energy assets to deliver demand driven solutions; incorporate sustainability operationally and responsible corporate citizenship; contribute to environmental and social impact through clean energy generation and community programmes
Sustainability strategy pillars and focus areas
Second Party Opinion (SPO) provider name and assessment date
Sustainable bond framework name and version
Alignment with ICMA Green Bond Principles
Eligible use-of-proceeds categories
SPO preliminary evaluation or credibility rating
Alignment with UN Sustainable Development Goals
SPO assessment scope and methodology
2022 Evaluation of framework credibility and impact; assessment of alignment with Green Bond Principles 2021 core components →
2025 Second Party Opinion on sustainability credentials and ICMA GBP 2021 alignment; based on Assessment Framework: Second Party Opinions on Sustainable Debt (November 2024)