NIB signs its first sustainability-linked NIB loan with Electrolux Professional
The Nordic Investment Bank (NIB) and Electrolux Professional AB have signed a seven-year EUR 60 million sustainability-linked loan. This is NIB’s first sustainability-linked loan agreement, creating financial incentives for the customer to further strengthen its climate efforts. The loan is related to Electrolux Professional reducing its CO2 emissions from operations and water use in professional laundry and ware-washing products, as well as decreasing the use of HCF cooling gases in products sold by 2025.Electrolux Professional (EPRO) plans to become climate neutral in its own operations