CBA, Companhia Brasileira de Alumínio recently announced that it had raised US$96.5 million through bilateral transactions with three banks, with the primary objective of financing exports.
“Our ESG strategy foresees an ambitious commitment, which is to reduce emissions by 40% by 2030, on average of molten products, from mining, having 2019 as a base year.” said Luciano Alves, Chief Financial and Investor Relations Officer.
The operation is characterized as Sustainability-Linked Lending, as it is associated with the performance of performance indicators. With a term of 5 to 7 years, capture is linked, in practice, to the company’s annual greenhouse gas (GHG) emission reduction targets for primary aluminum production.
MAHOU SAN MIGUEL INVESTS 53 MILLION EUROS IN ITS FACTORIES AND SPRINGS TO BOOST SUSTAINABILITY
ECOVADIS RAISES $500 MILLION AFTER SUCCESSFUL COMPLETION OF ITS LATEST FINANCING ROUND
UNITED STATES STEEL CORPORATION NAMES JESSICA GRAZIANO SENIOR VICE PRESIDENT OF THE COMPANY
BALL’S PRESIDENT TO BE APPOINTED EXECUTIVE DIRECTOR OF THE COMPANY IN APRIL
TRIVIUM PACKAGING AWARDED A-CDP RATING
RUSAL WINS EAST CAPITAL’S DISCOVERY OF THE YEAR AWARD
CROWN HOLDING APPOINTS NEW CFO
Rio Tinto confirms Peter Cunningham as chief financial officer
