EthiFinance’s Second Party Opinion Methodology

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What makes a sustainable finance instrument truly credible?

At EthiFinance, our Second Party Opinions are built on three rigorous analytical pillars, the issuer’s ESG assessment, alignment with international market principles (ICMA/LMA), and the real-world impact potential of the financed projects or targets. We don’t just check boxes.

We assess whether KPIs are material, whether SPTs are ambitious, and whether the financing framework can deliver genuine, measurable change.

Download our methodology to understand exactly how we get there.