Quick description

CICERO Shades of Green is a provider of independent, research-based evaluations of green bond investment frameworks to determine their environmental robustness. Their Second Opinions include a green shading grade (dark green, medium green and light green) to show how well a green bond aligns with a low-carbon climate resilient future, i.e., the environmental quality of green bonds. They also offer company climate risk assessments, sustainability-linked bonds, and impact reports.

Sustainable finance associated use case

  • Sustainability Rating (Corporate Rating (Best-in-class), Country Rating)
  • Sustainable Finance Products (ESG Bonds (Green Bonds, Sustainability Bonds, Sustainability-Linked Bonds))



A tool developped by:                 

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Credit : This tool has been made in the context of the EquipEx+ ANR-21-ESRE-0036:

Special thanks to Maria VILLALONGA, Thibaud BARREAU and all other contributors.