Mondi launches sustainability-linked bond framework

By Marisa Wong

Los Angeles, June 20 – Mondi plc announced a sustainability-linked bond framework in a press release on Monday.

The framework supports the future issuance of sustainability-linked bonds and aligns those bonds with the company’s sustainability targets.

Specifically, Mondi’s net-zero targets, which contribute to the U.N. Sustainable Development Goal (SDG) 13 Climate Action, are the following:

• Reduce absolute scope 1 and 2 greenhouse gas emissions by 46.2% in aggregate by 2030 compared to 2019; and

• Reduce absolute scope 3 GHG emissions by 27.5% by 2030 compared to 2019.

Mondi is a sustainable packaging and paper manufacturing company with offices in the United Kingdom and Austria.

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