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Over the last year, we embedded sustainability into our new company strategy and progressed our sustainability-focused ambitions, while remaining laser-focused on safety, operational excellence and valuecreation.
The new financing follows the company’s announcement in 2021 of plans for its financing structure to have an increasingly higher percentage of green and sustainable products, estimated to account for nearly two-thirds of its debt by 2025. The transaction also enhances our commitment to our ESG goals.”
Issuing the Company’s first greenbond in September 2021 – at the time the largest issuance in the packaged foods and consumer goods industry. Investing in Circulate Capital Ocean Fund to support the collection of more plastic waste than the Company currently produces in India and South East Asia.
The fund won’t be limited to greenbonds, instead spanning across the corporate and credit universe, including renewable energy, not-for-profit hospitals and development banks. The Global Impact Credit fund aims to target durable growing businesses with a clearly identified impact thesis.
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