Eskom seeks proposals for an independent Second Party Opinion (SPO) on its Transition Finance Framework, ensuring alignment with ESG principles and regulatory standards. This tender invites experienced financial firms to assess the framework's credibility and legitimacy.
Eskom is committed to integrating Environmental, Social, and Governance (ESG) principles into its operations and strategy to promote sustainable growth. As part of this initiative, Eskom is developing a Transition Finance Framework and requires an independent Second Party Opinion (SPO) to validate the framework's alignment with both international and domestic regulatory standards. The successful bidder will be responsible for assessing the framework's legitimacy, ensuring it meets the necessary criteria for sustainable financing, and providing a comprehensive analysis of the Use of Proceeds (UoP) and Transition Linked (TL) frameworks.
Eligible tenderers must be credible financial or consulting firms with proven experience in assessing ESG funding frameworks within the last five years. The SPO will play a critical role in enhancing Eskom's credibility in the market, ensuring transparency and compliance with evolving global best practices in ESG. This tender not only provides an opportunity to contribute to Eskom's sustainability goals but also positions the successful bidder as a key player in the growing field of sustainable finance, with the potential for long-term collaboration as Eskom embarks on its borrowing initiatives starting in the 2027/28 financial year.
This tender is suitable for established financial or consulting firms with expertise in ESG assessments, particularly those with experience in sustainable finance frameworks and a strong understanding of regulatory compliance.