S&P Global Ratings’ Modern Land (China) Green Evaluation covered by Responsible Investor

Modern Land (China) Co. Ltd.’s US$350 million of green bonds – to finance environmentally certified buildings in China – have received an S&P Global Ratings Green Evaluation score of E1/84.

The high Mitigation score of 92/100 is because of the high level of expected avoided carbon emissions compared with the baseline scenario – due to the high carbon intensity of the coal-dominated grid.

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