Vigeo Eiris, second party opinion on Syctom’s first green loan
With an amount of 30 million, this loan will finance the construction of a recycling facility in the Clichy-Batignolles district in the 17th arrondissement of Paris
With this new recycling facility, Syctom will increase its capacity to manage waste from Parisian districts and nearby municipalities.
Vigeo Eiris considers that the loan envisaged by Syctom is in line with the principles applicable to green loans. The agency thus expresses reasonable assurance on the Syctom’s commitments and on the project’s contribution to sustainable development. It is likely to contribute to three United Nations Sustainable Development Goals (SDOs): 9. industry, innovation and infrastructure, 11. sustainable cities and communities and 12. Responsible consumption and production.
More information (in French)