18. Infinium. (2025). Infinium Announces Series C Investment and Acquisition of Greyrock Technology. https://www.infiniumco.com/news/infinium-announces-series-c-investment-and-acquisition-of-greyrock-technology. 19. Council of the European Union. (2023). European Green Bonds: Council adopts new regulation to promote sustainable finance. https://www.consilium.europa.eu/en/press/press-releases/2023/10/24/european-green-bonds-council-adopts- new-regulation-to-promote-sustainable-finance/#:~:text=European%20green%20bonds%20will%20be%20aligned%20 with%20the,and%20the%20transition%20to%20a%20climate-neutral%2C%20resource-efficient%20economy. 20. SAF conforms under Activity 2.1 of the Common Principles for Climate Mitigation Finance Tracking of the International Development Finance Club. (2023). https://www.idfc.org/wp-content/uploads/2023/12/revised-common- principles-2023-12-05.pdf. 21. Climate Bonds Initiative. (2021). Climate Bonds Taxonomy. https://climatebonds.net/standard/taxonomy. 22. Neste. (2021). Neste’s Green Finance Framework and first EUR 500 million green bond. https://www.neste.com/news-and- insights/sustainability/nestes-green-finance-framework-and-first-eur-500-million-green-bond. 23. Neste (2023). Annual Report 2023: Change Runs On Renewables. p.220. https://www.neste.com/files/pdf/5pSrq2XvklFNL6GU1cPFNY-Neste_Annual_Report_2023.pdf. 24. Nasdaq. (2024). Listing of Sustainable Bonds. https://www.nasdaq.com/solutions/listing-of-sustainable-bonds. 25. Neste. (2023). Green Finance Report 2023. https://www.neste.com/files/pdf/2C2QgEprNYVxlOgq4zfVAN-Neste_Green_ Finance_Report_2023.pdf. 26. Air France-KLM. (2022). Sustainability-Linked Financing Framework. https://www.airfranceklm.com/sites/default/files/2022-12/AFK_ESG_V5_VA.pdf. 27. Moody’s Investors Services. (2022). Air France–KLM Group: Second Party Opinion – Sustainability-Linked Financing Framework Assigned SQS2 Sustainability Quality Score. https://www.airfranceklm.com/sites/default/files/2022-12/ Assessment%20-%20Air-FranceKLM-Group%20-%2020Dec22.pdf. 28. Cobat, Fabien. (2023). Air France-KLM €1bn inaugural sustainability-linked bond. Natixis. https://gsh.cib.natixis.com/our-center-of-expertise/articles/air-france-klm-1bn-inaugural-sustainability-linked- bond#:~:text=On%20January%209th%2C%202023%2C%20Air%20France-KLM%20has%20successfully,as%20 part%20of%20its%202030%20SBTi%20approved%20trajectory. Financing Sustainable Aviation Fuels 43

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