Sustainability-linked bonds are bonds tied to the performance of defined sustainability targets. SSAB intends to become the First in fossil-free steel and has tied the bond to SSAB's newly launched environmental target for GHG emissions, which has been approved by the Science Based Targets initiative, stipulating a commitment to reduce SSAB's GHG emissions by 35% by 2032 along with key actions set out between 2021 and 2032.
For further information, please contact:
Henrik Rodenström, Vice President and Head of
peter.nordquist@ssab.com
SSAB is a Nordic and US-based steel company. SSAB offers value added products and services developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 50 countries. SSAB has production facilities in
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https://news.cision.com/ssab/r/ssab-issues-sustainability-linked-bond-amounting-to-sek-2-000-million,c3364102
https://mb.cision.com/Main/980/3364102/1429880.pdf
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