Maynilad Water Services Inc. said Thursday it launched its Sustainable Finance Framework in partnership with leading ESG analytics firm Morningstar Sustainalytics.
“Having a sustainable finance framework underscores Maynilad’s commitment to integrating environmental, social and governance considerations into our financial strategy. With this framework, we can leverage on sustainable financing to support projects that will ensure a greener, more equitable future,” said Maynilad president and chief executive Ramoncito Fernandez.
The framework serves as a roadmap for Maynilad’s future sustainable financing activities. It allows the company to issue debt instruments tailored to specific environmental and social projects that meet the framework’s eligibility criteria.