Sustainability-Linked Financing Framework

Terveystalo Plc has established a Sustainability-Linked Financing Framework under which Terveystalo may issue different financial instruments, including but not limited to bonds. Terveystalo’s sustainability-linked financing framework is created to link sustainability to the funding and to help investors to understand the company’s core values and strong commitments to sustainability goals.

Promoting the quality and effectiveness of care is one of the key goals of Terveystalo's sustainability agenda. Terveystalo has chosen the treatment of mental health problems and customer satisfaction as key indicators of the framework. These metrics reflect key sustainability challenges in healthcare. Mental health problems are one of the most common causes of sick leave and premature retirement in Finland. Terveystalo strives to create solutions to this growing problem by promoting access to appropriate care. The patient's own experience of care is also a key part of promoting health and well-being. For this reason, Terveystalo has chosen customer satisfaction (NPS, Net Promoter Score) as the second KPI.  The financial characteristics of the securities issued under the framework are linked to the achievement of these two sustainability performance targets.

The framework has been developed in accordance with the Sustainability-Linked Bond Principles (SLBP), established by the International Capital Markets Association (ICMA) in June 2020, as well as the Sustainability Linked Loan Principles (SLLP) established by the Loan Market Association (LMA), Asia Pacific Loan Market Association (APLMA) and the Loan Syndications & Trading Association (LSTA) in February 2023. ISS ESG has provided a second party opinion on the framework.

OP Corporate Bank plc and Skandinaviska Enskilda Banken AB (publ) acted as joint sustainability-linked financing framework advisers.