Assessing Alignment to BBVA’s Sustainability-linked Bond Framework

The Situation Food company Borges signed a sustainable loan with BBVA Group for €15.7 million. BBVA appointed Anthesis to evaluate its sustainability commitment through the issuance of a second party opinion. This external review assesses Borges alignment to BBVA’s sustainability -linked bond framework and its over-arching objectives and strategy. Solutions Sustainable Finance & Transactions Impact…

The Situation In response to regulatory and stakeholder pressure, Partners Group sought to establish a set of credible net zero targets for its PE and Infra investment portfolios. After conducting a review of relevant target-setting methodologies, they concluded they should follow guidance of the Net Zero Investment Framework Component for Private Equity (NZIF for PE)….

The Situation Anthesis was appointed by Prisa, a Spanish media conglomerate, to conduct an eligibility assessment to determine Prisa’s alignment to the EU Taxonomy. Anthesis delivered an eligibility and alignment report which identified eligible activities from the Taxonomy Climate Delegated Act. Anthesis provided further regulatory advisory by conducting a second assessment of Prisa’s alignment to…

The Situation In early 2023 Anthesis was appointed by Sherpa Capital to develop its ESG portfolio program and support portfolio companies with their sustainability strategy. Anthesis has been working with Sherpa Capital to conduct ESG healthchecks as part of its portfolio engagement program. This process involves identifying material risks and opportunities, resulting in the development…

The Situation Anthesis was instructed by AMRO Partners to conduct an Environmental Site Assessment (ESA) with a limited Environmental, Health and Safety (EHS) review of several land plots for the development of a variety of real estate development projects. Solutions Impact AMRO Partners secured financing for the development and implementation of several real estate projects….

The Situation Anthesis is proud to have assisted British International Investment (BII) with its 2023 Emerging Economies Climate Report. The report looks at how the climate crisis affects businesses in emerging economies to raise awareness of the impacts of climate change now and in the future, and the investment needed to support these businesses. Solutions…

The Situation Anthesis partnered with an electric vehicle (EV) manufacturer to develop a community investment strategy as part of our Just Transition service. Our Solution Through careful analysis and evaluation, our experts worked closely with the EV company to develop a roadmap that included identifying potential partnerships between the manufacturer and place-based organisations. Solutions Human…

The Situation We collaborated with the World Wide Fund for Nature (WWF) to write and publish a report regarding the UK financial sector’s role in deforestation in Asia and Latin America. Our Solutions We assessed the policies of financial institutions on environmental and social impacts and reviewed voluntary and mandatory due diligence frameworks and proposed…

The Situation A European investor asked Anthesis to carry out a comparative analysis of the supply chains of cocoa, palm oil, and poultry in West Africa. Our Solutions We conducted targeted public record research and engaged with local civil society organisations, labour rights lawyers, industry associations and other relevant contacts in the three sectors. Impacts…

The Situation US-based energy transition and decarbonisation infrastructure investor ECP, formerly Energy Capital Partners, sought a detailed understanding of the current and future UK plastic waste market. The objective was to support ECP’s due diligence for a proposed acquisition of Biffa plc, one of the UK’s leading integrated waste and recycling companies with a leading…