Boliden publishes Sustainability-Linked Finance Framework
Boliden publishes Sustainability-Linked Finance Framework |
[20-December-2024] |
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 42% for Scope 1 and 2, and by 30% for Scope 3 by 2030, using 2021 as the base year. Boliden's climate footprint is globally very competitive, and there is a strong focus to continue reducing emissions in line with targets and vision. 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: For further information, please contact:
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Company Codes: Bloomberg:BOL@SS, ISIN:SE0020050417, RICS:BOL.ST, Stockholm:BOL, OTC-PINK:BDNNY |