Vigeo Eiris provided the Industrial company BA Glass with an independent opinion for a commercial paper program linked to sustainability KPIs
BA Glass has closed a €71 million commercial paper with BBVA, for which the cost of financing will be linked to two sustainability KPIs.
Vigeo Eiris has been commissioned to provide an independent opinion on these two environmental performance indicators:
– Water consumption
– CO2 emissions
The Opinion was established according to our ESG exclusive assessment methodology and to the Loan Market Association’s Sustainability Linked Loan Principles (https://www.lma.eu.com/application/files/8015/5307/4231/LMA_Sustainability_Linked_Loan_Principles.pdf).
Vigeo Eiris is of the opinion that the KPIs and associated targets are aligned with the four core components of the SLL Principles 2019.
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ESG, Sustainability Link Loan