NIB signs sustainability-linked loan with Danish FLSmidth
The Nordic Investment Bank (NIB) and Danish FLSmidth & CO A/S have signed a seven-year EUR 150 million sustainability-linked loan. The loan is linked to FLSmidth’s sustainability performance and climate targets.The sustainability-linked loan provides financing for FLSmidth’s ambition to become more sustainable across its own operations and supporting the cement and mining industry on their climate journey. The company has set ambitious Scope 1, 2 and 3 Science Based Targets (SBT) in alignment with limiting global warming to 1.5 °C. “Linking financing to sustainability performance