Photo from Envato Elements

Stoneweg EREIT updates green financing framework

The REIT was previously known as Cromwell European REIT.

Stoneweg EREIT (SERT), formerly Cromwell European REIT, has updated its Green Financing Framework to reflect its sustainability strategy, following changes in its name and sponsor.

The Green Finance Framework is based on the International Capital Market Association’s (ICMA) Green Bond Principles (GBP), the Loan Market Association’s (CMA) Green Loan Principles (GLP), and ASEAN Capital Markets Forum’s (ACMF), Green Bond Standards (GBS).

According to ISS-Corporate's (ISS) assessment, the REIT's eligible project categories under SERT’s framework including green buildings, renewable energy, and energy efficiency make a positive contribution to the Sustainable Development Goals (SDGs).

ING acted as the sole ESG structuring advisor in updating SERT's Green Finance Framework.

“Debt and equity capital partners today seek increasingly detailed environmental data, tangible performance commentary, and comprehensive quantitative ESG disclosures. We are putting in a lot of effort to meet this demand,” Shane Hagan, CEO of SERT’s manager said.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!