Post by account_disabled on Dec 20, 2023 7:30:01 GMT 2
Bangkok, Thailand – 13 January 2022 – Indorama Ventures Public Company Limited or IVL, a leading global chemicals company operating in a sustainable manner, received the “Best Sutainability-Linked Transaction & Best ESG-Linked Finacing” award. Deal of the Year” or the best sustainability-linked transactions and capital deals linked to environmental, social and governance performance. (Environment, Social and Governace: ESG) the best of the year from the issuance of bonds promoting sustainability (Sustainability-Linked Bond: SLB) with a total value of 10,000 million baht in November 2021.
The award was announced at the 15th Best Deal & Solution Awards 2021 organized by Alpha South East Asia Magazine. ) that focuses on presenting investment news in the Southeast Telegram Number Data Asia region. This success reinforces IVL's commitment to sustainable growth and ESG performance as a leading chemical company in the chemicals industry. Yash Lohia, Chairman of the Environmental, Social, and Environmental Performance Committee and governance Indorama Ventures said, “This award reflects our longstanding commitment to sustainability. Including providing opportunities for investors to participate in creating positive change in the chemical industry. It is also confirmation that financial markets value our ambitious sustainability efforts and ESG efforts, helping to build a more sustainable future.
Issuance of 10 billion baht in sustainability bonds VL has set a new standard as the most valuable SLB in Thailand and was the first to be offered to both institutional and high net worth investors. The conditions are linked to IVL's sustainability performance. including reducing the amount of direct and indirect greenhouse gas emissions by not less than 10 percent by 2025, using post-consumer PET bottles for recycling in an amount of not less than 750,000 tons per year by 2025, and Use at least 25 percent of electricity from renewable energy by 2030. Siddiq Bazarwala.
The award was announced at the 15th Best Deal & Solution Awards 2021 organized by Alpha South East Asia Magazine. ) that focuses on presenting investment news in the Southeast Telegram Number Data Asia region. This success reinforces IVL's commitment to sustainable growth and ESG performance as a leading chemical company in the chemicals industry. Yash Lohia, Chairman of the Environmental, Social, and Environmental Performance Committee and governance Indorama Ventures said, “This award reflects our longstanding commitment to sustainability. Including providing opportunities for investors to participate in creating positive change in the chemical industry. It is also confirmation that financial markets value our ambitious sustainability efforts and ESG efforts, helping to build a more sustainable future.
Issuance of 10 billion baht in sustainability bonds VL has set a new standard as the most valuable SLB in Thailand and was the first to be offered to both institutional and high net worth investors. The conditions are linked to IVL's sustainability performance. including reducing the amount of direct and indirect greenhouse gas emissions by not less than 10 percent by 2025, using post-consumer PET bottles for recycling in an amount of not less than 750,000 tons per year by 2025, and Use at least 25 percent of electricity from renewable energy by 2030. Siddiq Bazarwala.