Metsä Group has published an updated Green Finance Framework enabling continuity in issuance of green debt instruments by further integrating Metsä Group’s sustainability targets into financing and by aligning with the latest market practices.
The Green Finance Framework continues to support financing or refinancing of eligible assets and expenditures that promote Metsä Group’s key environmental objectives. The framework is applicable to all eligible green debt financing needs of Metsä Group and its independently financed entities, such as Metsä Board.
Metsä Group is committed to transparent and reliable regular reporting and communication on the green projects financed or refinanced withing the Green Finance Framework. Metsä Group’s Sustainable Funding Committee will continue to oversee the implementation of the Green Finance Framework.
Metsä Group’s Green Finance Framework has received an updated independent second party opinion from Sustainalytics. Sustainalytics has confirmed alignment of the framework with the Green Loan Principles 2023 and the Green Bond Principles 2021 while considering the eligible green assets and expenditures to be credible and impactful. Nordea acted as advisor on the establishment and update of the framework.