S&P Global Ratings Provides Full Alignment Opinion On Yorkshire Building Society's Social Bond Framework
News provided by
Share this article
Share this article
MADRID, March 15, 2021 /PRNewswire/ -- S&P Global Ratings said today that Yorkshire Building Society's (YBS's) Social Bond Framework is fully aligned with the four components of the Social Bond Principles (SBP). The Framework Alignment Opinion report is available here.
"YBS's social bond framework is considered fully aligned because it commits to using net proceeds of financing issued under the framework to fund eligible social projects that fit into categories defined in the SBP, specifically socioeconomic advancement and empowerment and access to essential services," said Nicolas Cabrera, the primary contact at S&P Global Ratings.