rfu Green & Social Finance Services
rfu Wien - Green and

Green & Social Finance Services

More and more companies, banks and regional authorities/municipalities are refinancing via the sustainable capital market. This can be done through bonds or Green loans and – in the case of banks – via sustainable savings and current account products.

Sustainable Finance Frameworks

Conditions for issuing Green or Social Bonds as well as savings and current account products are Sustainable Finance Frameworks. They are defining requirements projects have to meet as well as the selection processes, the management of financial resources and the reporting. The rfu is offering extensive support for companies, banks and municipalities in setting up Sustainable Finance Frameworks according to recognised international Standards, such as the Green Bond Principles or the Social Bond Principles of the International Capital Market Association (ICMA).

Second Party Opinions

Second Party Opinions (SPO) are independent, external checks of Sustainable Finance Frameworks or single bond issues. They confirm the planned use of revenues and the observance of the relevant standards. These proofs are required by investors, they are recommendations from international standards and listing conditions on Green Bond markets. Already since 2017, rfu is offering Second Party Opinions for bonds, bonded loans (Schuldscheindarlehen) and loans. Additionally, it can also audit them in compliance with the Austrian Ecolabel, the “Österreichische Umweltzeichen”.