12 March 2026
We are pleased to publish ASA International’s Sustainable Finance Framework.
It outlines how we may raise sustainable financing to support our core mission of expanding financial inclusion across our markets.
Eligible financing focuses on two areas: access to essential financial services - including microfinance, savings and insurance for underserved populations - and women’s economic empowerment, supporting women entrepreneurs and income-generating activities.
The framework is aligned with the ICMA Social Bond Principles, ICMA Sustainability Bond Guidelines and the LMA/APLMA/LSTA Social Loan Principles.
ASA International obtained a Second Party Opinion from Moody’s Ratings, which assigned the framework an SQS1 Sustainability Quality Score meeting all best practices and assessed it as having a high contribution to sustainability.
We would like to thank Moody's Ratings for providing the Second Party Opinion and the team at Standard Bank South Africa for their support as Sustainability Coordinator throughout the process.
The Sustainable Finance Framework and Second Party Opinion are available here: https://www.asa-international.com/investors/sustainable-finance-framework/