SNCF (Société Nationale des Chemins de fer Français)

Unverified
Website
www.groupe-sncf.com
8 Second Party Opinions
1 Assurance Report
1 Impact Report
1 Framework
1 Certification
XFID Type Title Year Source Retrieved
XF-8IWE6U2-B Assurance Report Oekom Post-Issuance Report - SNCF Reseau www.climatebonds.net 23 May 2026
XF-RIMM4HL-Y Impact Report SNCF 2024 Green Securities Report 2024 www.groupe-sncf.com 17 May 2026
XF-WRQIVLW-2 Framework SNCF Green Securities Framework 2025 2025 www.groupe-sncf.com 17 May 2026
XF-6VEJ48X-X Second Party Opinion ISS ESG Second Party Opinion — SNCF (Société Nationale des Chemins de fer Français) 2020 spowidget.iss-corporate.com 20 Mar 2026
XF-V606LJT-A Second Party Opinion P O ST-I SSUAN CE CLIM ATE B OND 2020 spowidget.iss-corporate.com 20 Mar 2026
XF-9ONW2AV-8 Second Party Opinion ISS ESG Second Party Opinion — SNCF 2022 spowidget.iss-corporate.com 20 Mar 2026
XF-ELTH9WD-5 Second Party Opinion ISS ESG Second Party Opinion — SNCF (Société Nationale des Chemins de fer Français) 2023 spowidget.iss-corporate.com 20 Mar 2026
XF-8NQL8ZO-T Second Party Opinion ISS ESG Second Party Opinion — SNCF (Société Nationale des Chemins de fer Français) 2024 spowidget.iss-corporate.com 20 Mar 2026
XF-4GK7KMA-F Second Party Opinion POST-ISSUANCE VERIFICATION 2024 spowidget.iss-corporate.com 20 Mar 2026
XF-MXDVAYU-S Second Party Opinion ISS ESG Second Party Opinion — SNCF (Société Nationale des Chemins de fer Français) 2025 spowidget.iss-corporate.com 20 Mar 2026
XF-7B2NHV1-F Second Party Opinion VERIFICATION REPORT FOR POST-ISSUANCE 2025 spowidget.iss-corporate.com 20 Mar 2026
XF-P6ACN4V-3 Certification Verification Report for Pre-Issuance Certification of the Green Bond Programme to be launched by SNCF Réseau 2016 www.climatebonds.net 16 Mar 2026

XF Company Profile

Extra-financial information found across 12 documents in the XframeworkID registry

NACE H Transportation & Storage

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
SNCF SA, France Second Party Opinion 2025
Issuer sector/industry classification
Transportation & Storage Second Party Opinion 2025
Issuer organizational structure
Société Nationale des Chemins de fer Français (SNCF), including subsidiaries SNCF Voyageurs, SNCF Réseau, SNCF Gares et Connexions, GEODIS, Rail Logistics Europe, and Keolis Green Securities Report 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
SNCF Green Securities Framework, June 25, 2025 Second Party Opinion 2025
Bond types covered under framework
Green Bonds, Commercial Papers, Deposits Second Party Opinion 2025
Framework publication date and update history
Initial publication 2020, updated July 3, 2024, updated June 25, 2025 Second Party Opinion 2025

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Green Bond Principles (GBP) as administered by ICMA, June 2021 with June 2022 Appendix 1 Second Party Opinion 2025
Alignment with UN Sustainable Development Goals
Framework assessed for contribution to UN SDGs Second Party Opinion 2025
Alignment with Climate Bonds Standard
Climate Bonds Standard Version 2.1; Low Carbon Transport Sector Criteria Version 1.0 Post-Issuance Climate Bond Certification 2020

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
ISS Corporate Solutions, Inc., June 25, 2025 Second Party Opinion 2025
SPO assessment scope and methodology
Pre-issuance verification of Green Securities Framework, SNCF Selection Criteria, and alignment with ICMA Green Bond Principles Second Party Opinion 2025
Pre-issuance or post-issuance verification type
Pre-issuance verification; Post-issuance verification Second Party Opinion 2025
Assurance provider name and engagement period
ISS ESG (Institutional Shareholder Services); ISS Corporate Solutions; oekom research Post-Issuance Climate Bond Certification 2020
Assurance scope
Use of proceeds; Project selection; Green Securities Framework alignment with ICMA principles; Environmental and social risk management; Climate Bond Standard compliance Post-Issuance Climate Bond Certification 2020
Verifier accreditation or approval status
Climate Bonds Initiative (CBI) certified; ISS Corporate Solutions verification Post-Issuance Climate Bond Certification 2020

Issuance Details

Bond instrument type
Green Bond; Green Securities Second Party Opinion 2020
Green bond first issuance year
2016 Pre-Issuance Certification 2016
Years of green bond issuance history
2016-2024 (minimum 8+ years of issuance history) Pre-Issuance Certification 2016

Corporate Strategy & Mission

Corporate mission and sustainability strategy
SNCF operates integrated transportation and logistics services across France and internationally. Paris 2024 Olympic Games contribution demonstrates commitment to sustainable infrastructure and accessible, intermodal transportation. Commitment to accessible stations and trains, increased intermodality. Green Securities Report 2024

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name and version
2016 Green Bond Programme
2023 SNCF SA Green Securities Framework (December 11, 2023)
Bond types covered under framework
2016 Green Bond
2023 Green Securities
2024 Green Bonds
2025 Green Bonds, Commercial Papers, Deposits
Pre-issuance or post-issuance verification type
2016 Pre-issuance
2024 Post-issuance verification
Alignment with Climate Bonds Standard
2020 Climate Bonds Standard Version 2.1
2024 Climate Bonds Initiative (CBI) certification applied
Issuer name
2023 SNCF SA
2024 SNCF (Société Nationale des Chemins de fer Français)
2025 SNCF SA
Second Party Opinion (SPO) provider name
2023 Institutional Shareholder Services (ISS)
2024 ISS-Corporate (Institutional Shareholder Services)
SPO assessment date
2023 11 December 2023
2025 June 25, 2025
SPO assessment scope
2023 Pre-issuance verification of Green Securities Framework and Selection Criteria
2025 Pre-issuance verification; Alignment with ICMA Green Bond Principles; Sustainability Quality of Selection Criteria; Contribution to UN SDGs; Management of Environmental and Social Risks