55.62 F
London
July 27, 2024
PI Global Investments
Finance

How can sustainable finance decarbonize the building sector?


What are some of the key achievements when it comes to sustainable finance at Holcim? 

In terms of sustainable financing, Holcim was a pioneer in the industry. We were the first company in the sector to successfully issue sustainability-linked bonds and the 5th company to do so worldwide. As of today, the group has more than 7 billion CHF of financing agreements linked to our sustainability objectives. 

Recognizing the important role of sustainable finance in supporting the transition to a low-carbon economy, we have recently updated our financing framework into a sustainable finance framework allowing us to issue green bonds alongside sustainability-linked bonds to help us work towards our more ambitious climate goals. 

Our framework will further support transparency and accountability with regards to the Group’s environmental impacts and sustainability strategy vis-à-vis our investors, banks and other stakeholders in the market and society. 

Finally, at Holcim we are honored to be part of the CFO Coalition launched by the UN Global Compact to accelerate corporate finance actions and investments toward the realization of the SDGs.



Source link

Related posts

Addex Therapeutics to Release Full-Year 2023 Financial Results and Host Conference Call on April 18, 2024

D.William

Apple keeps spending less to make more: Chart of the Week

D.William

New products, diversifying revenue streams will be key to its stock, analysts say

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.