The Netherlands: Royal FrieslandCampina gets 300 mio € loan

The Holland headquartered dairy cooperative Royal FrieslandCampina has got a loan from the Holland headquartered ING Bank N.V. for a new 300 million euro sustainability-linked loan. The new three year loan carries a variable interest rate based on EURIBOR, and an interest rate discount if ambitious sustainability performance targets are met. They include: a reduction of greenhouse gas emissions in its worldwide production and transport network, a decrease of greenhouse gas emissions on the dairy farms of its member farmers and increasing traceability to source key raw materials such as palm oil, soy, pulp & paper and cocoa.

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert.