OP Corporate Bank Plc

Unverified
XFID Unique Identifier for OP Corporate Bank Plc: XOR6UIDLE6
Country
FI
Sector
Commercial Bank
Website
www.op.fi
2 Second Party Opinions
1 Framework
XFID Type Title Year Source Retrieved
XF-RIBPMXP-T Second Party Opinion OP Corporate Bank Plc Green Bond Framework Second-Party Opinion (2022) 2022 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-HUL0IOP-N Second Party Opinion OP Corporate Bank plc Green Bond Framework Second-Party Opinion (2024) 2024 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-8TFVTM8-3 Framework b289d4a9 5771 f901 9e01 b61d762a98bf www.op.fi 21 Feb 2026

XF Company Profile

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

NACE K Financial & Insurance Activities

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
OP Corporate Bank Plc, Helsinki, Finland Second-Party Opinion 2024
Issuer sector/industry classification
Financial & Insurance Activities Second-Party Opinion 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
OP Corporate Bank plc Green Bond Framework Second-Party Opinion 2024
Bond types covered under framework
Green Bond Second-Party Opinion 2024
Eligible use-of-proceeds categories
Eight eligible categories: Renewable Energy, Transmission of Energy, Energy Efficiency, Green Buildings, Pollution Prevention and Control, Environmentally Sustainable Management of Living Natural Resources and Land Use, Clean Transportation, and one additional category Second-Party Opinion 2022
Project evaluation and selection process description
OP Financial Group's Green Bond Committee is responsible for evaluation and selection of projects aligned with framework criteria. Processes in place to identify and manage environmental and social risks. Project selection process in line with market practice. Second-Party Opinion 2024
Management of proceeds approach
Tracking and monitoring through Green Bond Register. Quarterly monitoring by Green Bond Committee. Allocation of proceeds intended within 24 months of issuance. Second-Party Opinion 2024

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, Assessment Date: March 8, 2024 Second-Party Opinion 2024
SPO preliminary evaluation or credibility rating
Framework is credible and impactful Second-Party Opinion 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 (four core components) Second-Party Opinion 2024
Alignment with UN Sustainable Development Goals
SDGs 2, 6, 7, 9, 11, 12, 14, and 15 Second-Party Opinion 2024

Changes Over Time

Items where disclosed information changed across documents.

Alignment with ICMA Green Bond Principles
2022 Green Bond Principles 2021
2022 Aligns with Green Bond Principles 2021
2024 Green Bond Principles 2021
Alignment with UN Sustainable Development Goals
2022 SDGs 2, 6, 7, 9, 11, 12, 14 and 15
2022 SDGs 2, 6, 7, 9, 11, 12, and 15
2024 SDGs 2, 6, 7, 9, 11, 12, 14 and 15
Project evaluation and selection process description
2022 OP Financial Group's Green Bond Committee is responsible for the evaluation and selection of credible projects aligned with the criteria in the framework
2022 Green Bond Committee comprised of executive board member and senior management representatives oversees approval. Different business units and Credit Analysis Team evaluate and select eligible projects in line with Framework eligibility criteria and submit to Committee for final approval. ESG analysis applied to all allocation decisions.
Management of proceeds approach
2022 Allocation tracking via Green Bond Register, monitored quarterly by Green Bond Committee, with allocation target within 24 months of issuance
2022 Corporate Lending and Capital Market Financing Unit tracks allocation through internal green bond register on portfolio basis. Full allocation intended at time of issuance. Unallocated proceeds temporarily held in accordance with Bank's liquidity management policy.
2024 Green Bond Register with quarterly monitoring by Green Bond Committee; allocation within 24 months of issuance
SPO preliminary evaluation or credibility rating
2022 Credible and impactful
2022 Framework is credible and impactful
Eligible use-of-proceeds categories
2022 Renewable Energy, Transmission of Energy, Energy Efficiency, Green Buildings, Pollution Prevention and Control, Environmentally Sustainable Management of Living Natural Resources and Land Use, Clean Transportation
2024 Eight eligible categories aligned with Green Bond Principles