TEMBUSU Asia Consulting (TAC) was appointed to conduct a comprehensive review and provide a Second Party Opinion (SPO) for a premier international school operator. The project involved evaluating the alignment of defined Key Performance Indicators (KPIs) with the Sustainability-Linked Bond Principles (SLBP) 2024 and Sustainability-Linked Loan Principles (SLLP) 2025. This technical assessment ensures that the client’s sustainable financing framework meets international benchmarks for transparency, measurability, and environmental impact.

Key Services

• Second Party Opinion (SPO) Issuance: Providing an independent evaluation of the alignment with SLBP 2024 and SLLP 2025.

• KPI Robustness Assessment: Reviewing the relevance and reliability of the KPIs selected for the sustainable financing scheme.

• Emissions Performance Tracking: Evaluating the methodology for monitoring Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions intensity against 2024 targets.

• Educational Impact Analysis: Assessing the criteria for sustainability-focussed curriculum integration, including time allocation for teaching and practising ESG principles.

• SME Eligibility Evaluation: Reviewing the defined criteria for SME eligibility within the broader sustainable financing framework.

Alignment with UN SDGs

• SDG 4: Quality Education The project supports the integration of sustainability and ESG principles into the academic curriculum, ensuring students are equipped with the values and knowledge to contribute to a sustainable future.

• SDG 13: Climate Action By establishing rigorous tracking of Scope 1 and 2 GHG emissions intensity, the framework incentivises the reduction of the institution's carbon footprint in line with global climate targets.