Sustainability Financing Framework

As a major investor in the UK and Ireland’s renewable energy infrastructure, SSE believes that green- and sustainability-linked financing supports its long-term commitment to the principles of sustainability and the transition to net zero.

SSE’s Sustainability Financing Framework 2025 replaces SSE’s Sustainability Financing Framework 2023, which now focuses on two key areas of Renewable Energy and Electricity Networks for use-of-proceeds Green Financing.  Both categories are fully aligned with the criteria set out in the EU Taxonomy, including the technical screening criteria, the ‘Do No Significant Harm’ principle, and minimum social safeguards.

Green bonds

Over 2025/26, SSE issued a new Green Bond: €750m long eight-year Green Bond in September 2025, maturing November 2033, and in April 2026 utilised bank facilities for two Green Loans , all to finance and/or refinance transmission infrastructure projects. Issuance of SSE’s tenth Green Bond brings the total outstanding Green Bonds by SSE and subsidiaries to £5.1bn as at 31 March 2026, reaffirming SSE’s status as the largest issuer of Green Bonds in the UK corporate sector.

The proceeds from all nine of SSE’s outstanding Green Bonds and two Green Loans were directly allocated to the refinancing of eligible green projects listed in the Sustainability Financing Framework and Green Bond Frameworks, and therefore fully employed at settlement.

A commitment was given to update investors each year on the allocation of proceeds and environmental impact from the Bond. SSE’s Green Bond reports are detailed below, along with Ernst & Young LLP's independent assurance of allocation to specific eligible green projects.

Green bond reporting and assurance

Previous frameworks and second party opinions