Boliden publishes Sustainability-Linked Finance Framework
Boliden has released a Sustainability-Linked Finance Framework to support its vision of becoming the most climate-friendly and respected metal provider globally.
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Boliden has released a Sustainability-Linked Finance Framework to support its vision of becoming the most climate-friendly and respected metal provider globally. The framework will facilitate the issuance of Sustainability-Linked Bonds and incorporates climate targets validated by the Science Based Targets initiative (SBTi).
The company aims to reduce GHG emissions by 42% for Scope 1 and 2, and 30% for Scope 3 by 2030, using 2021 as the base year. Danske Bank served as the structuring advisor, while Sustainalytics provided an independent second-party opinion, rating the Key Performance Indicators as 'Very Strong' and the Sustainability Performance Targets as 'Ambitious' and 'Highly Ambitious'.
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STOCKHOLM, Dec. 20, 2024 /PRNewswire/ -- To support Boliden's vision to be the most climate-friendly and respected metal provider in the world, the company has published a Sustainability-Linked Finance Framework to facilitate the issuance of Sustainability-Linked Bonds.
The Sustainability-Linked Finance Framework incorporates Boliden's climate targets, which have been validated by the Science Based Targets initiative (SBTi). These targets include reducing GHG-emissions by
Danske Bank acted as the structuring advisor on the establishment of the Sustainability-Linked Finance Framework and Sustainalytics were engaged to provide an independent second-party opinion on design and ambition level. Sustainalytics has assessed the Key Performance Indicators as `Very Strong' and the Sustainability Performance Targets as `Ambitious' and `Highly Ambitious. The Sustainability-Linked Finance Framework, as well as the second party opinion, are available on Boliden's website:
https://investors.boliden.com/en/investor-relations/debt-information/sustainable-financing
For further information, please contact:
Klas Nilsson
Director Group Communications
+46 (0)70-453 65 88
klas.nilsson@boliden.com
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https://news.cision.com/boliden/r/boliden-publishes-sustainability-linked-finance-framework,c4085105
The following files are available for download:
Press release |
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