Hungary
Unverified XFID Unique Identifier for Hungary:
XOQMF0S2UI 3 Second Party Opinions
1 Framework
Documents (4)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-L2C9HX9-7 | Framework | Hungary Green Bond Framework July 2023 | 2023 | www.akk.hu | 31 Mar 2026 |
| XF-7U0QD18-L | Second Party Opinion | Hungary (Methodology of Shades of Green, formerly part of CICERO) | 2022 | www.spglobal.com | 25 Feb 2026 |
| XF-T7GLSPH-7 | Second Party Opinion | Hungary (Methodology of Shades of Green, formerly part of CICERO) | 2021 | www.spglobal.com | 25 Feb 2026 |
| XF-SAZV42U-2 | Second Party Opinion | Hungary (Methodology of Shades of Green, formerly part of CICERO) | 2020 | www.spglobal.com | 25 Feb 2026 |
Research Mentioning This Issuer (1)
Academic papers in the registry that reference this issuer.
Press Coverage (1)
News and trade press mentioning this issuer, tracked in the registry.
XF Company Profile
Extra-financial information found across 4 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
- Hungary SPO 2020 2020
- Issuer organizational structure
- Sovereign/National Government SPO 2020 2020
- Issuer type
- Sovereign issuer FRAMEWORK 2023 2023
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- Hungary Green Bond Framework FRAMEWORK 2023 2023
- Bond types covered under framework
- Green bonds SPO 2022 2022
- Framework publication date and update history
- Initial framework May 2020; Updated framework July 2023 FRAMEWORK 2023 2023
- Eligible use-of-proceeds categories
- Clean Transportation (approximately 90% of proceeds) SPO 2022 2022
- Reporting commitments under framework
- Annual allocation reporting and environmental impact reporting SPO 2021 2021
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- CICERO Shades of Green, December 13, 2022 SPO 2022 2022
- SPO assessment scope and methodology
- Review of allocation against Green Bond Framework criteria and impact metrics for relevance and transparency; alignment with ICMA Handbook SPO 2022 2022
- SPO preliminary evaluation or credibility rating
- Medium Green overall framework rating SPO 2022 2022
Proceeds Allocation & Reporting
- Post-issuance allocation review by external party
- CICERO Shades of Green reviewed 2021 Green Bond allocation; CICERO Green reviewed 2020 allocation SPO 2022 2022
- Allocated funds amount and currency
- 2021 Bonds: HUF 100,078 million and CNY 1,000 million (EUR 277.3 million and EUR 139.2 million respectively) SPO 2022 2022
- Allocation reporting methodology
- Allocation of proceeds to eligible green expenditures from budget years 2019 and 2020 SPO 2022 2022
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Aligned with ICMA Handbook - Harmonized Framework for Impact Reporting (June 2022) SPO 2022 2022
Issuance Details
- Bond instrument type
- Green bonds SPO 2022 2022
- Green bond first issuance year
- 2020 FRAMEWORK 2023 2023
- Years of green bond issuance history
- Five green bonds issued through 2021 SPO 2022 2022
- Par or principal amount of bond and currency
- Total HUF 713,480 million (EUR 2,036.68 million across five bonds) SPO 2022 2022
Corporate Strategy & Mission
- Corporate mission and sustainability strategy
- Fight climate change and biodiversity loss; transition to low-carbon and environment-friendly economy FRAMEWORK 2023 2023
- Sustainability strategy pillars and focus areas
- Climate change mitigation; biodiversity protection; water resource management; arable land protection; forest preservation; air and water pollution reduction; invasive species control; decarbonization; energy independence FRAMEWORK 2023 2023
Sustainability & Climate Commitments
- Net zero target year
- 2050 FRAMEWORK 2023 2023
- GHG emissions reduction target
- 95% reduction by 2050 compared to 1990 levels, with remaining 5% compensated through afforestation SPO 2020 2020
- GHG emissions reduction performance
- 33% reduction compared to 1990 levels; increases since 2013 SPO 2020 2020
Changes Over Time
Items where disclosed information changed across documents.
Eligible use-of-proceeds categories
2020 Transportation (electric railway, subway, trolley, tram), renewable energy, energy efficiency, land use and living natural resources, waste and water management, climate change adaptation →
2021 Energy Efficiency, Waste and Water Management, Renewable Energy, Adaptation, Land Use & Living Resources, Clean Transportation →
2022 Clean Transportation
Sustainable bond framework name and version
Second Party Opinion (SPO) provider name and assessment date
SPO assessment scope and methodology
Pre-issuance or post-issuance verification type
Alignment with ICMA Green Bond Principles
Allocation of net proceeds by category