Is it possible to report an aggregated power target covering both corporate loans and project finance?
Thanks for the question. Ideally we would like these to be separate as they are classified as different asset classes in the FI framework. However if for e.g. the project finance is relatively small (<5%) of total activity in the power sector then it may be possible. This would have to be discussed as part of the target validation after the FI has submitted.
Dear Eoin,
Could this argument also be used for other asset classes?
E.g. in listed equities, we hold a relatively small amount in listed real estate companies. Can we therefore combine listed real estate companies with common stock for target setting?
Thank you very much for your guidance.
Thanks for the question. Yes, these could be combined because they would fall under the same asset class: listed equity.