Fluvius System Operator CV

Unverified
XFID Unique Identifier for Fluvius System Operator CV: XOV7ZA36G7
Country
BE
Sector
Corporate Finance
3 Second Party Opinions
XFID Type Title Year Source Retrieved
XF-YLDTK6Z-F Second Party Opinion Fluvius System Operator cv - Second-Party Opinion 2024 www.sustainablefitch.com 30 Mar 2026
XF-6Q91A61-D Second Party Opinion ISS ESG Second Party Opinion — Fluvius System Operator CV 2020 spowidget.iss-corporate.com 20 Mar 2026
XF-KEISTWC-7 Second Party Opinion ISS ESG Second Party Opinion — Fluvius System Operator CV 2023 spowidget.iss-corporate.com 20 Mar 2026

XF Company Profile

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

NACE E Water Supply, Sewerage & Waste

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
Fluvius System Operator CV, Belgium Second-Party Opinion 2024
Issuer sector/industry classification
Water Supply, Sewerage & Waste Second-Party Opinion 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Fluvius Green Finance Framework, May 24, 2023 Second-Party Opinion 2023
Framework publication date and update history
May 24, 2023 (2023 version); September 2020 (2020 version) Second-Party Opinion 2023
Bond types covered under framework
Green Bond, Green Loan Second-Party Opinion 2023
Project evaluation and selection process description
Multi-layer project approval process involving green finance committee and management committee with robust evaluation utilizing various expertise Second-Party Opinion 2024
Management of proceeds approach
Internal tracking of proceeds aligned with market practice; removal power for ineligible assets; comingled management of green bond proceeds with treasury funds Second-Party Opinion 2024
Reporting commitments under framework
Full commitment to annual allocation and impact reporting until full allocation, aligned with Green Bond Principles and Green Loan Principles Second-Party Opinion 2024
Refinanced vs. newly financed project distinction
Defined lookback period for refinanced projects; absence of pre-identified proportion of new project financing limits assessment of environmental value added Second-Party Opinion 2024
Eligible use-of-proceeds categories
UoP categories aligned with ICMA Green Bond Principles and LMA, LSTA, APLMA Green Loan Principles with clear environmental benefits Second-Party Opinion 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with ICMA Green Bond Principles (June 2021 with June 2022 Appendix) Second-Party Opinion 2023
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Aligned with Green Loan Principles administered by LMA (February 2023) Second-Party Opinion 2023
Alignment with EU Taxonomy for sustainable activities
Aligned with EU Taxonomy Climate Delegated Act (June 2021); use of proceeds categories comply with substantial contribution criteria under environmental objectives of climate change mitigation and sustainable use and protection of water and marine resources Second-Party Opinion 2023

External Review & Verification

Second Party Opinion provider name and assessment date
Sustainable Fitch; Assessment dates: May 29, 2023 (2023 SPO) and November 22, 2020 (2020 SPO) Second-Party Opinion 2023
SPO assessment scope and methodology
Scope includes Fluvius Green Finance Framework, Fluvius Eligibility Criteria, and sample of green bond portfolio; verification against Green Bond Principles, Green Loan Principles, EU Taxonomy and technical standards Second-Party Opinion 2023
Pre-issuance or post-issuance verification type
Pre-issuance verification Second-Party Opinion 2023

Changes Over Time

Items where disclosed information changed across documents.

Alignment with Green Loan Principles
2020 Aligned →
2024 Aligned with LMA, LSTA and APLMA Green Loan Principles
Sustainable bond framework name
2023 Fluvius Green Finance Framework →
2024 Green Financing Framework
Alignment with ICMA Green Bond Principles
2023 Green Bond Principles (ICMA, June 2021 with June 2022 Appendix 1) →
2024 Aligned
Alignment with EU Taxonomy for sustainable activities
2023 EU Taxonomy Climate Delegated Act (June 2021) →
2024 Compliant with substantial contribution criteria (SCC) outlined in the EU taxonomy
SPO assessment scope
2023 Sustainability Quality of the Issuer and Green Finance Framework →
2024 Use of Proceeds, Evaluation and Selection, Management of Proceeds, and Reporting and Transparency