Italy’s FS publishes eighth green bond report, details EUR 5.75 billion proceeds allocation

• Ferrovie dello Stato Italiane published its eighth Green Bond Report, updating use-of-proceeds allocation and environmental impacts under its Green Bond Framework.
• Report covers EMTN green bond issuance up to Series 25, totaling EUR 5.75 billion.
• Impact reporting points to energy savings and CO2 emissions reductions tied to projects across the group’s rail operators and infrastructure units.
• PwC issued a third-party opinion validating the impact-calculation methodologies and confirming proceeds were allocated to eligible green projects under the 2022 framework.

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