ESG Bond Framework

ESG Bond Framework

Hanwha Life Sustainability Bond Framework

• Hanwha Life will use the net proceeds of Sustainability Bond to Green and Social projects. Hanwha Life defines a Framework which is a structure with relevant in Use of Proceeds, Process for Project Evaluation and Selection, Management of Proceeds, and Reporting
• The Framework sets out guidelines for Hanwha Life’s Sustainability Bond issuance in accordance with the 4 components of the International Capital Market Association’s 2021 GBP, SBP and SBG

Framework 4 Components

• 1. Use of Proceeds
  • The net proceeds of Sustainability Bond will be used to Eligible Projects;
    
    • Green categories : renewable energy, energy efficiency, sustainable water and wastewater management, pollution prevention and control,
      green buildings, clean transportation
    • Social categories : access to essential services, affordable housing, socioeconomic advancement and empowerment,
      accessibility to affordable and quality basic infrastructure
• 2. Project Evaluation and Selection Process
  • Hanwha Life's Investment Business Division will manage the net proceeds are allocated to the projects and assets that meet the eligibility criteria as defined above as Eligible Projects
  • The Investment Business Division will follow the guideline for ESG-complying investment created by the Investment Committee
• 3. Management of Proceeds
  • Hanwha Life plans to earmark the amount equal to the net proceeds from each issuance and keep track of its allocation
• 4. Reporting
  • Hanwha Life will publish a report on its website annually, up to the point where proceeds will have been fully allocated

Hanwha Life Sustainability Bond Annual Report

• Hanwha Life intends to publish on its website the Sustainability Bond Annual Report which contains investment information based on the Sustainability Framework until the redemption of the securities.