Metsä Group publishes updated Green Finance Framework
Metsä Group has published an updated Green Finance Framework enabling continuity in issuance of green debt instruments by further integrating Metsä Group’s sustainability targets into financing and by aligning with the latest market practices.
The Green Finance Framework continues to support financing or refinancing of eligible assets and expenditures that promote Metsä Group’s key environmental objectives. The framework is applicable to all eligible green debt financing needs of Metsä Group and its independently financed entities, such as Metsä Board.
Metsä Group is committed to transparent and reliable regular reporting and communication on the green projects financed or refinanced withing the Green Finance Framework. Metsä Group’s Sustainable Funding Committee will continue to oversee the implementation of the Green Finance Framework.
Metsä Group’s Green Finance Framework has received an updated independent second party opinion from Sustainalytics. Sustainalytics has confirmed alignment of the framework with the Green Loan Principles 2023 and the Green Bond Principles 2021 while considering the eligible green assets and expenditures to be credible and impactful. Nordea acted as advisor on the establishment and update of the framework. The Green Finance Framework and the second party opinion are available at metsagroup.com/gff
For further information, please contact:
Ari-Pekka Latti, Group Treasurer, Metsä Group, tel. +358 50 338 9972
Katariina Saelan, Senior Vice President, Communications, Metsä Group, tel. +358 40 829 9455
Metsä Group
www.metsagroup.com
Metsä Group has its roots in the Finnish forests: our parent company Metsäliitto Cooperative is owned by over 90,000 forest owners. We use wood to make recyclable products for the day-to-day lives of millions of people globally. We focus on wood supply and forest services, wood products, pulp, paperboards, and tissue and greaseproof papers. We are committed to the principles of regenerative forestry to measurably strengthen the state of forest nature. We promote a culture of diversity, equality and inclusion. In 2023 our sales totaled EUR 6.1 billion, and we have around 9,500 employees.