Teollisuuden Voima Oyj (TVO)

Unverified
XFID Unique Identifier for Teollisuuden Voima Oyj (TVO): XO2QO64P56
Country
FI
Sector
Energy
Website
www.ifre.com
3 Second Party Opinions
1 Framework
XFID Type Title Year Source Retrieved
XF-QGYCS9K-L Second Party Opinion Teollisuuden Voima Oyj - SPO spowidget.iss-corporate.com 13 May 2026
XF-PP00UPL-1 Second Party Opinion ISS ESG Second Party Opinion — Teollisuuden Voima Oyj 2023 spowidget.iss-corporate.com 20 Mar 2026
XF-T06HBQD-8 Second Party Opinion REP ORT REVIEW 2025 spowidget.iss-corporate.com 20 Mar 2026
XF-HPQD1U8-X Framework TVO Green Bond Framework 2023 www.tvo.fi 21 Feb 2026

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 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 Green Bond Framework 2023
Issuer name and country/jurisdiction (Issuer Identity & Structure)
Teollisuuden Voima Oyj, Finland Green Bond Framework 2023
Core business activities and geographic focus (Issuer Identity & Structure)
Construction and procurement of power plants and power transmission equipment, production, supply, and transmission of electricity; primarily Finland Green Bond Framework 2023
Issuer type (e.g., bank, asset manager, pension fund, REIT, utility) (Issuer Identity & Structure)
Utility; Non-listed public limited liability company Green Bond Framework 2023

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date (External Review & Verification)
ISS STOXX, 12 May 2026 Second Party Opinion 2026

Green / Sustainable Finance Framework

Framework publication date and update history (Green / Sustainable Finance Framework)
19 April 2023 Green Bond Framework 2023
Bond types covered under framework (green, social, sustainability, sustainability-linked) (Green / Sustainable Finance Framework)
Green Finance Instruments Second Party Opinion 2026
Sustainable bond framework name and version (Green / Sustainable Finance Framework)
TVO Green Bond Framework 2023 Green Bond Framework 2023
Project evaluation and selection process description (Green / Sustainable Finance Framework)
Documented project evaluation and selection process; TVO selection criteria Green Bond Framework 2023
Management of proceeds approach (Green / Sustainable Finance Framework)
Documented management of proceeds process Green Bond Framework 2023
Reporting commitments under framework (Green / Sustainable Finance Framework)
Allocation and Impact Report annually; Harmonised Framework for Impact Reporting by ICMA, June 2024 Report Review 2025

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles (Standards & Regulatory Alignment)
Green Bond Principles, administered by ICMA, June 2021 with June 2022 Appendix 1 Second Party Opinion 2023
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles (Standards & Regulatory Alignment)
Green Loan Principles (GLP), administered by Loan Market Association (LMA), as of March 2025 Second Party Opinion 2026
Alignment with EU Taxonomy for sustainable activities (Standards & Regulatory Alignment)
EU Taxonomy Climate Delegated Act, Annex I Second Party Opinion 2026
Alignment with UN Sustainable Development Goals (Standards & Regulatory Alignment)
Contribution of Green Finance Instruments to UN SDGs assessed Second Party Opinion 2026

Issuance Details

Bond instrument type (e.g., green bond, social bond, sustainability bond) (Issuance Details)
Green Bond Second Party Opinion 2023
Bond issuance date (Issuance Details)
October 2024, May 2024, December 2023, December 2023, December 2023 Report Review 2025
Bond maturity date (Issuance Details)
October 2029, May 2031, December 2033, December 2035, December 2038 Report Review 2025
Par or principal amount of bond and currency (Issuance Details)
EUR 90 million, EUR 600 million, EUR 105 million, EUR 85 million, EUR 90 million Report Review 2025
Bond ISIN code (Issuance Details)
XS2823931824 Report Review 2025

Corporate Strategy & Mission

Corporate purpose statement relating to sustainability (Corporate Strategy & Mission)
Low-emission nuclear electricity production; electrification of society; phasing out fossil fuels; mitigation of climate change through low-carbon energy Green Bond Framework 2023

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name and version
2023 TVO Green Bond Framework 2023
2023 Teollisuuden Voima Oyj Green Bond Framework (as of April 19, 2023)
2025 TVO's Green Bond Framework, June 21, 2023
2026 TVO Green Finance Framework, as of May 12, 2026
Framework publication date and update history
2023 2023
2023 19 April 2023
2025 June 21, 2023
2026 May 12, 2026
Bond types covered under framework
2023 Green bond
2025 Green Bond and Notes
2026 Green Finance Instruments (green bonds and green loans)
Second Party Opinion (SPO) provider name and assessment date
2023 Institutional Shareholder Services (ISS), 19 May 2023
2025 ISS Corporate Solutions, Inc., 17 July 2025
2026 ISS STOXX, 12 May 2026
Alignment with ICMA Green Bond Principles
2023 Green Bond Principles (June 2021 with June 2022 Appendix 1)
2025 Harmonised Framework for Impact Reporting, ICMA, June 2024
2026 Green Bond Principles (GBP), as administered by ICMA (June 2025)
SPO assessment scope and methodology
2023 Pre-issuance verification of alignment with Green Bond Principles and EU Taxonomy Complementary Climate Delegated Act
2025 Allocation and Impact Report; Post-issuance verification; Lifecycle validity
2026 Pre-issuance verification of TVO Green Finance Framework and selection criteria
Alignment with UN Sustainable Development Goals
2023 Assessment of contribution to UN SDGs included
2026 Contribution of the Green Finance Instruments to the U.N. SDGs assessed
Alignment with EU Taxonomy for sustainable activities
2023 EU Taxonomy Complementary Climate Delegated Act (July 2022)
2026 EU Taxonomy Climate Delegated Act, Annex I