TenneT Holding B.V.

Unverified
XFID Unique Identifier for TenneT Holding B.V.: XONXTHOYX8
Country
Netherlands
Sector
Utilities
Website
www.tennet.eu
13 Second Party Opinions
3 Frameworks
XFID Type Title Year Source Retrieved
XF-57L9G4Y-W Framework Green Financing Framework TenneT Holding B.V. March 2022 2022 tennet-drupal.s3.eu-central-1.amazonaws.com 17 May 2026
XF-2UT0W17-X Second Party Opinion Second 2015 spowidget.iss-corporate.com 20 Mar 2026
XF-4N2XX40-V Second Party Opinion Verification of the Sustainability Quality of 2016 spowidget.iss-corporate.com 20 Mar 2026
XF-S3UOEMH-D Second Party Opinion tennet - Verification Report 2017 spowidget.iss-corporate.com 20 Mar 2026
XF-SHQU82P-G Second Party Opinion ISS ESG Second Party Opinion — TenneT 2019 spowidget.iss-corporate.com 20 Mar 2026
XF-7ZEFOZ8-E Second Party Opinion Second Party Opinion on alignment of TenneT Green Financing Framework with the ICMA Green Bond Principles 2020 spowidget.iss-corporate.com 20 Mar 2026
XF-XAKAQDJ-9 Second Party Opinion S e cond Party Op in ion 2020 spowidget.iss-corporate.com 20 Mar 2026
XF-EQBMDMH-Q Second Party Opinion ISS ESG Second Party Opinion — TenneT Holding B.V. 2021 spowidget.iss-corporate.com 20 Mar 2026
XF-H25E97E-L Second Party Opinion ISS ESG Second Party Opinion — TenneT Holding B.V. 2022 spowidget.iss-corporate.com 20 Mar 2026
XF-S5SADE8-L Second Party Opinion SECON D PART Y OP IN ION (S P O) 2023 spowidget.iss-corporate.com 20 Mar 2026
XF-OCRNBRQ-1 Second Party Opinion ISS ESG Second Party Opinion — TenneT TSO B.V. 2025 spowidget.iss-corporate.com 20 Mar 2026
XF-DGIHJAV-Y Second Party Opinion Green Evaluation: TenneT Holding B.V. Green Bonds www.spglobal.com 8 Mar 2026
XF-TULOIP7-A Framework TenneT Green Financing Framework March 2022 2022 tennet-drupal.s3.eu-central-1.amazonaws.com 21 Feb 2026
XF-3G4U9JM-S Framework Green Financing Framework 2021 2021 www.tennet.eu 21 Feb 2026
XF-BA8SUTH-6 Second Party Opinion 29 03 2022 SECOND PARTY OPINION (SPO) 0 2022 tennet-drupal.s3.eu-central-1.amazonaws.com 21 Feb 2026
XF-VZ742VU-U Second Party Opinion TenneT Holding B.V. 24 March 2021 2021 www.isscorporatesolutions.com 21 Feb 2026

XF Company Profile

Extra-financial information found across 16 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 name and country/jurisdiction
TenneT Holding B.V., Netherlands Framework 2022
Issuer sector/industry classification
Electricity transmission system operator (TSO) Framework 2022
Issuer type
Utility / Transmission System Operator SPO 2017
Core business activities and geographic focus
Operation, maintenance and expansion of high-voltage electricity grids in the Netherlands and Germany Framework 2022

Green / Sustainable Finance Framework

Sustainable bond framework name and version
TenneT Green Financing Framework, March 2022 version Framework 2022
Framework publication date and update history
First established 2015, regularly updated, most recent version March 2022 Framework 2022
Bond types covered under framework
Green Financing Instruments (Green Bonds and Green Loans) Framework 2022
Project evaluation and selection process description
Process includes evaluation of environmental sustainability benefit, evaluation against eligibility criteria, assessment of sustainability risks and benefits, application of sustainability criteria and quantitative indicators, and analysis of impact indicators Framework 2022
Management of proceeds approach
Centralized management of proceeds with tracking and allocation to eligible green projects Framework 2022
Reporting commitments under framework
Annual reporting on allocation of proceeds and environmental impacts Framework 2022

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with 2021 ICMA Green Bond Principles (GBP) Framework 2022
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Aligned with 2021 LMA Green Loan Principles (GLP) Framework 2022
Alignment with EU Taxonomy for sustainable activities
Aligned with EU Taxonomy Climate Delegated Act and EU Green Bond Standard Framework 2022
Alignment with UN Sustainable Development Goals
Green financing instruments contribute to UN SDGs SPO 2023

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Committed to providing secure and reliable electricity supply today and in the future Framework 2022

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
ISS ESG / Institutional Shareholder Services; March 29, 2022 SPO 2022
SPO assessment scope and methodology
Assessment of sustainability quality of issuer and green financing asset pool; verification of alignment with ICMA Green Bond Principles and LMA Green Loan Principles; evaluation against EU Taxonomy Climate Delegated Act SPO 2023

Issuance Details

Bond issuance date
June 12, 2017 SPO 2017
Bond instrument type
Green Bond SPO 2017
Par or principal amount of bond and currency
€1 billion (dual tranche: €500 million each) SPO 2017

Changes Over Time

Items where disclosed information changed across documents.

Second Party Opinion (SPO) provider name and assessment date
2015 oekom research, 2015
2017 S&P Global, August 25, 2017
2020 ISS ESG, 17 April 2020
2021 Institutional Shareholder Services (ISS ESG), 24 March 2021
2023 Institutional Shareholder Services (ISS), 25 April 2023
Eligible use-of-proceeds categories
2015 Renewable electricity transmission (offshore wind power to onshore grid)
2017 Offshore wind interconnection projects
2020 Transmission of renewable energy
Alignment with ICMA Green Bond Principles
2015 Aligned - positive assessment
2021 Framework aligned with ICMA Green Bond Principles
2021 Aligned
2022 Aligned with 2021 ICMA Green Bond Principles
2022 Green Bond Principles (GBP), updated June 2021
2023 June 2021 version
SPO assessment scope and methodology
2015 Verification framework definition, project compliance verification, Green Bond Principles alignment, sustainability performance classification via oekom Corporate Rating
2017 Evaluation of Transparency, Governance, and Mitigation across use of proceeds reporting, management of proceeds, and impact assessment
2020 Assessment of green bond principles, sustainability quality of asset pool, and TenneT's ESG performance
2021 Pre-issuance verification of TenneT's Green Financing Framework covering alignment with ICMA Green Bond Principles and LMA Green Loan Principles
2022 Pre-issuance assessment and post-issuance external verification
2022 Pre-issuance verification of Green Financing Instruments covering sustainability quality of issuer and green financing framework
2023 Post-issuance verification of Green Financing Framework and Asset Pool
SPO preliminary evaluation or credibility rating
2015 Positive overall evaluation with good sustainability quality
2017 Overall Score E1/95; Transparency 100, Governance 96, Mitigation 97
2022 Second Party Opinion to be provided pre-issuance
Alignment with UN Sustainable Development Goals
2020 UN SDGs alignment assessed
2023 Assessed
Bond types covered under framework
2020 Green senior bonds, Green hybrid bonds, Green Schuldscheindarlehen, Green USPP, Green Loans, Green Commercial Paper
2021 Green bonds and green loans
2021 Green Financing Instruments (green bonds and green loans)
2022 Green bonds and green loans
2022 Green Financing Instruments
Framework publication date and update history
2021 March 2021
2022 Published March 2022; first established in 2015 and regularly updated
2022 March 2022
Sustainable bond framework name and version
2021 TenneT Green Financing Framework (2021)
2022 TenneT's Green Financing Framework, March 2022 version
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
2021 Framework aligned with LMA Green Loan Principles
2021 Aligned with LMA Green Loan Principles
2022 Loan Market Association (LMA) Green Loan Principles (GLP), updated February 2021
Alignment with EU Taxonomy for sustainable activities
2022 Framework aligned with EU Taxonomy
2022 EU Taxonomy Climate Delegated Act, June 2021