Vesteda

Unverified
XFID Unique Identifier for Vesteda: XOYNGZJ3MS
Sector
Low Carbon Buildings (Residential) Low Carbon Buildings (Upgrades)
Website
www.climatebonds.net
2 Second Party Opinions
1 Certification
1 Framework
XFID Type Title Year Source Retrieved
XF-7EBZCUZ-W Second Party Opinion ISS ESG Second Party Opinion — Vesteda 2023 spowidget.iss-corporate.com 20 Mar 2026
XF-WX2I4P4-9 Certification Vesteda — UoP Verifier Report (Low Carbon Buildings (Residential) Low Carbon Buildings (Upgrades)) 2019 www.climatebonds.net 13 Mar 2026
XF-75R3PIQ-7 Second Party Opinion Vesteda Green Finance Framework Second-Party Opinion 2019 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-44YQJPC-B Framework Vesteda Green Finance Framework Second-Party Opinion (2021) 2021 1 Jan 2026

XF Company Profile

Extra-financial information found across 4 documents in the XframeworkID registry

NACE L Real Estate 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
Vesteda, Netherlands CERTIFICATION 2019 2019
Issuer sector/industry classification
Real Estate Activities - Residential Real Estate SPO 2019 2019
Issuer type
Real Estate Company CERTIFICATION 2019 2019
Core business activities and geographic focus
Residential real estate acquisition, ownership, renovation, and construction in the Netherlands FRAMEWORK 2021 2021

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Fully aligned with Green Bond Principles 2021 and Green Loan Principles 2021 FRAMEWORK 2021 2021
Compliance with Green Loan Principles
Aligned with Green Loan Principles February 2023 SPO 2023 2023
Alignment with EU Taxonomy for sustainable activities
Aligned with EU Taxonomy Climate Delegated Act (June 2023) SPO 2023 2023
Alignment with UN Sustainable Development Goals
SDG 7 (Affordable and Clean Energy) and SDG 11 (Sustainable Cities and Communities) FRAMEWORK 2021 2021
Alignment with Climate Bonds Standard
Residential Low Carbon Building criteria of Climate Bonds Standard CERTIFICATION 2019 2019

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, 21 December 2023 SPO 2023 2023
Assurance provider name and engagement period
Sustainalytics, April 2019 CERTIFICATION 2019 2019
Assurance scope
Pre-issuance verification of Residential Low Carbon Building criteria compliance CERTIFICATION 2019 2019
SPO assessment scope and methodology
Verification of alignment with Green Bond Principles and Green Loan Principles; sustainability quality of issuer and framework; alignment with EU Taxonomy SPO 2023 2023
SPO preliminary evaluation or credibility rating
Credible and impactful FRAMEWORK 2021 2021

Green / Sustainable Finance Framework

Eligible use-of-proceeds categories
Acquisition and ownership of buildings; Renovation of existing buildings; Construction of new buildings FRAMEWORK 2021 2021
Sustainable bond framework name and version
Vesteda Green Finance Framework, December 21, 2023 SPO 2023 2023
Bond types covered under framework
Green Finance Instruments (Green Bonds and Green Loans) SPO 2023 2023
Project evaluation and selection process description
Green Finance Framework Group evaluates existing and potential eligible assets annually; evaluated against framework criteria; eligible assets added to portfolio; compliance verified quarterly by Treasurer and Risk Committee FRAMEWORK 2021 2021
Management of proceeds approach
Portfolio basis management by Treasurer using internal tracking system; allocation tracked quarterly; unallocated funds managed per treasury criteria FRAMEWORK 2021 2021
Temporary investment of unallocated proceeds
Managed according to Vesteda's treasury criteria; full allocation targeted within two years of issuance FRAMEWORK 2021 2021
Financing timeline
Full allocation within two years of issuance FRAMEWORK 2021 2021
Reporting commitments under framework
Annual allocation reporting on website until full allocation; quarterly compliance reports to Risk Committee FRAMEWORK 2021 2021

ESG Framework & Governance

Green Finance Committee structure and composition
Green Finance Framework Group composed of company managers FRAMEWORK 2021 2021
Internal ESG governance structure
Green Finance Framework Group for evaluation and selection; Treasurer manages proceeds; Risk Committee verifies compliance; environmental and social policies apply to all allocation decisions FRAMEWORK 2021 2021

Changes Over Time

Items where disclosed information changed across documents.

Bond types covered under framework
2019 Green bond
2019 Green bonds and green loans
2023 Green Finance Instruments
Eligible use-of-proceeds categories
2019 New and existing buildings with EPC label A; refurbished and renovated residential real estate with improvement of at least two EPC label steps to minimum EPC label C
2019 Green buildings and energy efficiency improvements
2021 Acquisition and ownership of buildings; Renovation of existing buildings; Construction of new buildings
Second Party Opinion (SPO) provider name
2019 Sustainalytics
2023 Institutional Shareholder Services (ISS)
SPO assessment date
2019 April 2019
2023 21 December 2023
SPO assessment scope
2019 Review and verification that Vesteda's green bond meets requirements under Residential Low Carbon Building criteria of the Climate Bonds Standard
2023 Pre-issuance verification
Alignment with ICMA Green Bond Principles
2019 Aligned with Green Bond Principles 2018
2021 Aligns with Green Bond Principles 2021
2023 Green Bond Principles as of June 2021 with June 2022 Appendix 1
Compliance with Green Loan Principles
2019 Aligned with Green Loan Principles 2018
2023 Green Loan Principles as of February 2023
SPO assessment scope and methodology
2019 Assessment of alignment with Green Bond Principles 2018 and Green Loan Principles 2018, evaluation of eligible categories and environmental impacts
2021 Evaluation of framework alignment with Green Bond Principles 2021 and Green Loan Principles 2021; assessment of eligible categories, governance, management of proceeds, and reporting
Project evaluation and selection process description
2019 Green Finance Framework Group composed of company managers evaluates existing and potential eligible assets on at least an annual basis to determine whether they meet framework criteria
2021 Green Finance Framework Group composed of company managers evaluates existing and potential eligible assets annually to determine framework criteria compliance; quarterly compliance reports developed by Treasurer and sent to Risk Committee
Management of proceeds approach
2019 Portfolio-based management by treasury department; unallocated funds managed according to treasury criteria
2021 Managed on portfolio basis using internal tracking system; unallocated funds managed according to treasury criteria
Reporting commitments under framework
2019 Annual investor report on allocation of proceeds including breakdown by use of proceeds categories, total outstanding volume of green finance instruments, and quarterly compliance reports to Risk Committee
2021 Annual reporting on allocation of proceeds on website until full allocation; allocation reporting includes breakdown of allocations