Indorama Ventures Public Company Limited (“IVL” or the “Company”) has issued and offered a THB 10 billion triple- tranche Sustainability- Linked Bond (“SLB”), showcasing the Company’ s long-standing commitment to sustainable growth.
It is the largest SLB issued in Thailand and the first offered to both institutions and high-net-worth investors. The Bond is a part of IVL’s financing strategy across a range of instruments linked to the Company’s sustainability targets. It is aligned with internationally accepted standards including International Capital Markets Association’s (ICMA) Sustainability-Linked Bond Principles and the Loan Market Association’s (LMA) Sustainability-Linked Loan Principles.
The SLB is linked to the Company’s performance of reducing GHG emissions intensity by 10% by 2025 (from a 2020 base), increasing recycling of PET bale input to 750,000 tons per year by 2025, and achieving 25% renewable electricity consumption in 2030.
