Verallia Successfully Priced Its Inaugural Sustainability-linked Bond
Regulatory News:
Verallia (Paris:VRLA) announced today that it successfully priced its inaugural Sustainability-Linked Bond in an aggregate amount of €500 million with a 7-year maturity with a coupon of 1.625%. As the very first issuer of a Sustainability-linked Bond in the Glass packaging industry in Europe, Verallia is confirming its sustainability leadership in the sector.
Michel Giannuzzi, Chairman and Chief Executive Officer: We are proud to be the first in our industry to launch a sustainability-linked bond in Europe. This issuance is fully aligned with the Group s ESG strategy released in January 2021. The order book of close to EUR 2 billion demonstrates the confidence of investors in the Company s financial strength, strategy and ability to deliver on its sustainability targets.
Co-op vows all own-brand food and drink will be carbon neutral by 2025
The Co-op has 2,600 food stores and 800 funeral homes across the UK
Retailer promises to tackle supply chain emissions in 10 point climate plan designed to help it hit net zero by 2040
The Co-op has announced its own-brand food and drink will be carbon neutral by 2025, as it unveiled a new 10-point climate plan designed to help it achieve net zero carbon emissions by 2040.
Announcing its climate strategy this morning, the retailer claimed it was the first supermarket in the world to pledge to sell exclusively carbon neutral own-brand products within five years.
STMicroelectronics – 2021 Sustainability Report: STMicroelectronics steps up its sustainability commitments and programs padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.