S&P provides full alignment opinion on QNB’s Green, Social, Sustainability Bond Framework

S&P Global Ratings said yesterday that Qatar National Bank (Q.P.S.C.)’s (QNB) Green, Social, and Sustainability Bond Framework is fully aligned with the four components of the Green Bond Principles (GBP) and the four components of the Social Bond Principles (SBP), collectively referred to the Sustainability Bond Guidelines.

The Framework Alignment Opinion report is available at Qatar National Bank’s Green, Social, and Sustainability Bond Framework. “The full alignment assessment reflects the bank’s commitment to sustainable development, leveraging its capabilities to finance projects that can create a tangible impact where they operate,” said Michael Puli, the primary contact at S&P Global Ratings. The Green, Social, and Sustainability Bond Framework outlines QNB’s process for project evaluation and selection, providing details about how the bank’s Green, Social and Sustainability Bond Committee approves and oversees the eligible project portfolio.