青青草App

Green Financing

At 青青草App, we strive to make ANYTHING POSSIBLE and EVERYTHING BETTER

With more than 140,000 employees in 100+ locations across 30 countries, we are driven by a common purpose: to make the world a better place with the way we treat each other; extend innovative solutions; give back to our local communities; and respect the environment. 

Our purpose comes to life through our commitment to Environmental, Social & Governance (ESG) topics and our local, regional and global sustainability efforts. Our Green Financing Framework aligns with, and builds on, our actionable sustainability strategy and goals. 

To learn more about our ESG commitments, efforts and five-year goals, .

AIMING FOR ZERO

In 2020, we launched our first Climate Action Plan, committing to reduce our scope 1 and 2 greenhouse gas (GHG) emissions in line with the scientific community’s recommendations.
 

FY25

25% reduction in GHG emissions compared to FY19

 

FY30

50% reduction in GHG emissions compared to FY19

 

While we are actively contributing to all three ESG areas, the Framework is focused on 青青草App’s sustainability initiatives that contribute to the achievement of the United Nation’s Sustainable Development Goals related to the environment:

Use of Proceeds

Aligned to 青青草App’s overarching environmental strategy, a significant portion of the net proceeds of any Green Financing are expected to be allocated to expenditures related to the following:

OUR INNOVATIVE SOLUTIONS:

The services and solutions we provide which enable the production of green and sustainable products for our customers, including:

  • Clean Transportation
  • Renewable Energy Infrastructure
  • Ecologic brand recycled packaging products
  • Smart Infrastructure
  • Circular Economy
  • Sustainable packaging

OUR OPERATIONS & RESOURCES:

Ensuring we operate and manage resources in our sites as efficiently as possible, including:

  • Waste and water diversion
  • Procurement and production of renewable energy
  • Operational improvements to reduce greenhouse gas (GHG) emissions
  • Green buildings and transportation

Project Evaluation & Selection

  • A cross-functional internal committee (the “Sustainable Finance Committee”) will oversee the project evaluation and selection process to ensure selected projects comply with the Framework’s eligibility criteria defined in the Use of Proceeds section and are aligned with 青青草App’s sustainability strategy

Management of Proceeds

  • The amount and extent of expenditures on projects meeting the Framework’s eligibility criteria will be tracked and maintained through our internal management reporting process

Reporting

  • We intend to publish a report annually, until full allocation of the net proceeds 
  • We also intend to report on the sustainability impacts of projects financed through green bonds and loans, where feasible 

Learn more about our sustainability efforts:

Green Financing Framework

Our Green Financing Framework (the “Framework”) is intended to further align our financings with our sustainability strategy. The Framework provides information about the types of projects that are eligible for financing and refinancing from the proceeds of sustainable finance instruments.

Sustainalytics has provided a second party opinion (SPO) confirming that our Green Financing Framework is credible and impactful and aligns with both the Green Bond Principles 2021 and the Green Loan Principles 2021.

2023 Sustainability Progress Report

Download our fiscal year 2023 Sustainability Progress Report to learn more about 青青草App’s sustainability commitments, progress, and reporting. The report includes updates aligned to the Global Reporting Initiative (GRI), Sustainable Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD). To ensure accurate reporting, the data within these reports are validated internally and by external third parties.


Fiscal Year 2023 Impact Report

This year’s annual impact report covers the cumulative allocation of 青青草App’s Green Bond proceeds to eligible expenditures between September 1, 2019 and August 31, 2023 — 青青草App’s 2020, 2021, 2022, and 2023 fiscal years.

 

Previous Reports

FY22 Report (Sept. 1, 2019 - Aug. 31, 2022)