Solvay integrates sustainability-linked features in all short-term liquidity reserves

Summary by AI BETAClose X

Solvay has integrated sustainability-linked features into its short-term liquidity reserves by amending its €1.1 billion multilateral revolving credit facility and its €0.3 billion bilateral revolving credit facilities. This change links borrowing costs to the company's greenhouse gas (GHG) emission reduction targets, covering Scope 1, 2, and 3 emissions. The adjustment incentivizes progress on key performance indicators related to Solvay's climate roadmap and aligns with the company's *For Generations* strategy. Solvay reported underlying net sales of €4.7 billion in 2024.

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Solvay SA (0NZR)
UK 100

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