Green Finance Framework
Since 2019, Metsä Board has adopted Metsä Group's Green Finance Framework, which enables the issuance of green debt instruments in line with market practices and integrates Metsä Group's 2030 strategic sustainability targets into financing. The Framework was updated on July 2024.
The Framework supports financing or refinancing of environmentally sustainable investments that contribute to Metsä Board's key environmental targets in minimizing impact on climate and nature.
Sustainalytics has given a second-party opinion on Metsä Group’s Green Finance Framework.
Metsä Board's financing linked to the sustainability targets
Metsä Board has a bank financing facility consisting of a loan of EUR 100 million (expiring 2026) and a multicurrency revolving credit facility (“RCF”) of EUR 200 million (expiring 2027). The margin of the RCF is linked to sustainability criteria that are based on selected Metsä Board’s 2030 sustainability targets:
1. Reduction in specific water consumption
2. Reduction in specific energy consumption
Read more about Metsä Board's debt and liquidity.
Read more about Metsä Board's 2030 sustainability targets.