07 Oct 2022 --- Smurfit Kappa has published its first Green Bond Allocation and Impact Report, demonstrating that the company’s assets will go to promoting a circular economy and managing natural resources in environmentally sustainable manners. The report details the use of the proceeds of its inaugural €1 billion (US$980 million) dual-tranche Green Bond issued in September 2021. “The circularity at the heart of our business model is firmly integrated into our funding strategy. Through our Green Finance instruments, we are giving investors the opportunity to invest funds in sustainable business practices. With interest growing in investments that support the environment, we are seeing a strong appetite for this kind of opportunity,” says Smurfit Kappa group treasurer, Emer Murnane.
