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Boliden publishes Sustainability-Linked Finance Framework

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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'.

Boliden ha presentato un Framework di Finanza Legato alla Sostenibilità per sostenere la sua visione di diventare il fornitore di metalli più ecologico e rispettato a livello globale. Il framework faciliterà l'emissione di Obbligazioni Legate alla Sostenibilità e include obiettivi climatici convalidati dall'iniziativa Science Based Targets (SBTi).

L'azienda mira a ridurre le emissioni di GHG del 42% per gli ambiti 1 e 2, e del 30% per l'ambito 3 entro il 2030, usando il 2021 come anno di riferimento. Danske Bank ha fungito da consulente alla strutturazione, mentre Sustainalytics ha fornito un'opinione indipendente di secondo livello, valutando gli Indicatori Chiave di Prestazione come 'Molto Forti' e gli Obiettivi di Prestazione Sostenibile come 'Ambiziosi' e 'Altamente Ambiziosi'.

Boliden ha lanzado un Marco de Financiación Vinculado a la Sostenibilidad para apoyar su visión de convertirse en el proveedor de metales más respetuoso con el clima a nivel mundial. El marco facilitará la emisión de Bonos Vinculados a la Sostenibilidad e incorpora objetivos climáticos validados por la iniciativa Science Based Targets (SBTi).

La empresa tiene como objetivo reducir las emisiones de GHG en un 42% para los Alcances 1 y 2, y un 30% para el Alcance 3 para 2030, usando 2021 como año base. Danske Bank actuó como asesor de estructuración, mientras que Sustainalytics proporcionó una opinión independiente de segunda parte, calificando los Indicadores Clave de Desempeño como 'Muy Fuertes' y los Objetivos de Desempeño Sostenible como 'Ambiciosos' y 'Altamente Ambiciosos'.

Boliden은 전 세계에서 가장 기후 친화적이고 존경받는 금속 공급자가 되겠다는 비전을 지원하기 위해 지속 가능성 연결 금융 프레임워크를 발표했습니다. 이 프레임워크는 지속 가능성 연결 채권의 발행을 용이하게 하며 과학 기반 목표 이니셔티브(SBTi)에 의해 검증된 기후 목표를 포함합니다.

회사는 2021년을 기준 연도로 사용하여 2030년까지 범위 1 및 2에서 온실가스 배출량을 42%, 범위 3에서 30% 줄이는 것을 목표로 하고 있습니다. Danske Bank는 구조 조정 자문을 맡았으며, Sustainalytics는 독립적인 제2자 의견을 제공하여 주요 성과 지표를 '매우 강력함'으로, 지속 가능성 성과 목표를 '야심차고' 및 '매우 야심차다'고 평가했습니다.

Boliden a lancé un Cadre de Financement Lié à la Durabilité pour soutenir sa vision de devenir le fournisseur de métaux le plus respectueux du climat et respecté au niveau mondial. Le cadre facilitera l'émission de Obligations Liées à la Durabilité et inclut des objectifs climatiques validés par l'initiative Science Based Targets (SBTi).

L'entreprise vise une réduction de 50% des émissions de GES de 42% pour les champs d'application 1 et 2, et de 30 % pour le champ d'application 3 d'ici 2030, en utilisant 2021 comme année de référence. Danske Bank a agi en tant que conseiller en structuration, tandis que Sustainalytics a fourni un avis de seconde partie indépendant, classant les Indicateurs Clés de Performance comme 'Très Forts' et les Objectifs de Performance Durable comme 'Ambitieux' et 'Très Ambitieux'.

Boliden hat einen Nachhaltigkeitsgebundenen Finanzrahmen veröffentlicht, um seine Vision zu unterstützen, der klimafreundlichste und respektierteste Metallanbieter weltweit zu werden. Der Rahmen erleichtert die Emission von Nachhaltigkeitsgebundenen Anleihen und beinhaltet von der Science Based Targets Initiative (SBTi) validierte Klimaziele.

Das Unternehmen plant, die Treibhausgasemissionen bis 2030 um 42 % für die Kategorien 1 und 2 sowie um 30 % für Kategorie 3 zu reduzieren und nutzt 2021 als Basisjahr. Danske Bank war als struktureller Berater tätig, während Sustainalytics eine unabhängige Zweitmeinung abgab und die Schlüssel-Leistungsindikatoren als 'Sehr Stark' sowie die Ziele zur nachhaltigen Leistung als 'Ambitioniert' und 'Sehr Ambitioniert' bewertete.

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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 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:
 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 

 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/boliden/r/boliden-publishes-sustainability-linked-finance-framework,c4085105

The following files are available for download:

https://mb.cision.com/Main/997/4085105/3185263.pdf

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Cision View original content:https://www.prnewswire.com/news-releases/boliden-publishes-sustainability-linked-finance-framework-302337116.html

SOURCE Boliden

FAQ

What are Boliden's (BDNNY) specific emission reduction targets for 2030?

Boliden 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.

How did Sustainalytics rate Boliden's (BDNNY) sustainability targets in December 2023?

Sustainalytics rated Boliden's Key Performance Indicators as 'Very Strong' and the Sustainability Performance Targets as 'Ambitious' and 'Highly Ambitious'.

What is the purpose of Boliden's (BDNNY) new Sustainability-Linked Finance Framework?

The framework is designed to facilitate the issuance of Sustainability-Linked Bonds and support Boliden's vision to become the most climate-friendly and respected metal provider globally.

Which organizations validated Boliden's (BDNNY) climate targets?

Boliden's climate targets have been validated by the Science Based Targets initiative (SBTi).

Who served as the structuring advisor for Boliden's (BDNNY) Sustainability-Linked Finance Framework?

Danske Bank acted as the structuring advisor for the establishment of the Sustainability-Linked Finance Framework.

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