Second Party Opinion (SPO)

We measure and assure the social value of your programs and initiatives through robust SROI analysis — translating impact into measurable economic and social outcomes.

Second Party Opinion (SPO)

We measure and assure the social value of your programs and initiatives through robust SROI analysis — translating impact into measurable economic and social outcomes.

About This Service

Decar Verite Asia provide independent SPO services to evaluate whether your sustainable finance framework, such as green, social, or sustainability-linked bonds/loans, adheres to internationally recognized standards and principles. This service is ideal for issuers seeking to improve market trust and ensure the credibility of their sustainable financing initiatives. Our objective and credible opinions helps enhance transparency, strengthen investor confidence, and demonstrate your commitment to sustainable financing practices.

Framework Review & Eligibility Assessment

We conduct a comprehensive review of your green, social, or sustainability-linked financing framework. This includes assessing the eligibility of project categories, alignment with environmental and social objectives, and consistency with established global principles. Our evaluation ensures that your framework reflects a credible and robust approach to sustainable financing.

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Alignment with International Standards and Principles

Our team analyzes your framework’s compliance against applicable national and international guidelines, such as POJK 18/2023, Taksonomi Keuangan Berkelanjutan Indonesia (TKBI), LMA, ICMA, and other standards specified in the submission request. Covers key components such as use of proceeds, project selection, management of proceeds, KPIs, and reporting to ensure full compliance with international expectations.

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Independent Second Party Opinion (SPO) Issuance

We deliver an independent SPO report that highlights framework alignment, strengths, and recommendations, helping enhance investor trust and supporting successful issuance of your sustainable finance instrument.

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More Services

From ESG assurance to GHG Verification, we help organizations ensure their sustainability claims are credible and globally aligned

Report Assurance & Assessment

We provide independent assurance and maturity assessment for your ESG performance, ensuring alignment with global standards, transparency, and accountability.

GHG Verification & Validation

Our experts verify and validate greenhouse gas (GHG) emissions data to ensure accuracy, completeness, and conformance with ISO 14064-1: 2018 and 
ISO 14064-2:2019 standards.

PROPER Enhancement & SDG Verification

We help organizations enhance their PROPER ratings through third-party verification of SDG achievements and environmental performance, supporting credible sustainability recognition.

Social Return on Investment (SROI)

We measure and assure the social value of your programs and initiatives through robust SROI analysis — translating impact into measurable economic and social outcomes.

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Second Party Opinion (SPO)

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