Grupo Aeroportuario del Pacífico (PAC) KPI on emissions for sustainability bonds assured
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Grupo Aeroportuario del Pacífico (GAP) reports that the Key Performance Indicator tied to its sustainability-linked bonds “GAP 22L,” “GAP 23L,” “GAP 23-2L,” “GAP 24L,” and “GAP 24-2L” has received independent limited assurance.
KPMG Cárdenas Dosal, S.C., applying ISAE 3000 (Revised), issued a limited assurance report over GAP’s KPI of a 25% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions (CO2, CH4, NOx) across all operations in Mexico and Jamaica as of December 31, 2025 versus a 2019 baseline, using emissions inventory assurance from Ruby Canyon. KPMG concluded that nothing came to its attention to indicate this KPI was not achieved in all material respects under the Sustainability-Linked Financing Frameworks.
Positive
- None.
Negative
- None.
FAQ
What did Grupo Aeroportuario del Pacífico (PAC) disclose in this Form 6-K?
Grupo Aeroportuario del Pacífico disclosed that the KPI tied to several sustainability-linked bonds has obtained independent limited assurance. KPMG and Ruby Canyon reviewed GAP’s emissions data and KPI performance under its Sustainability-Linked Financing Frameworks for the 2019–2025 period.
What KPI is linked to GAP’s sustainability-linked bonds GAP 22L, GAP 23L, GAP 23-2L, GAP 24L, and GAP 24-2L?
The KPI requires a 25% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by December 31, 2025 compared to 2019. It covers emissions of CO2, CH4, and NOx across all of GAP’s operations in Mexico and Jamaica.
Who provided independent assurance on Grupo Aeroportuario del Pacífico’s sustainability KPI?
KPMG Cárdenas Dosal, S.C. issued a limited assurance report on the KPI, applying ISAE 3000 (Revised). Ruby Canyon provided emissions inventory assurance, supplying key underlying data used in KPMG’s assessment of the greenhouse gas reduction performance.
What conclusion did KPMG reach about GAP’s greenhouse gas emissions KPI?
KPMG concluded there was no evidence that the KPI was not achieved in all material respects under the applicable criteria. Their conclusion considered the Ruby Canyon emissions report and information supplied by GAP for the 2019 baseline and 2025 performance.
Which greenhouse gases are covered by GAP’s sustainability-linked KPI?
The KPI covers three greenhouse gases: Carbon Dioxide (CO2), Methane (CH4), and Nitrous Oxide (NOx). These emissions are measured across all of Grupo Aeroportuario del Pacífico’s operations in Mexico and Jamaica relative to a 2019 baseline year.
How does this assurance relate to GAP’s earlier announcement in February 2026?
The limited assurance follows GAP’s February 27, 2026 announcement to the Mexican Stock Exchange that it had met its 25% emissions reduction target for 2025 versus 2019. The new report provides independent verification of that previously reported achievement.
What operations does Grupo Aeroportuario del Pacífico (PAC) manage?
GAP operates 12 airports in Mexico, including Guadalajara, Tijuana, Puerto Vallarta, Los Cabos, La Paz and Manzanillo, plus several mid-sized cities. It also participates in operating Sangster International Airport and Norman Manley International Airport in Jamaica.