Sustainability-linked bond issue
These bonds, issued in accordance with the Sustainability-Linked Bond Principles as published by the International Capital Market Association (ICMA), are indexed to an objective of reducing greenhouse gas emissions by 22.9% in 2025 and 36.0% in 2030 in relation to the turnover (tCO2e / million euros) considering 2018 as the reference year, as approved by the Science Based Target initiative (SBTi). This includes Scope 1 emissions (direct emissions from sources owned or controlled by Imerys) and Scope 2 emissions (indirect emissions from the production of electricity, heat or steam imported or purchased by the Group). We will report annually on our performance against these key objectives in our Universal Registration Document.
With the first issue of its kind, we at Imerys confirm we are fully committed to reducing carbon emissions and to achieving our broader sustainability ambition. The climate crisis poses an urgent and irreversible systemic threat to our planet. This calls for global action towards a low-carbon economy in line with the internationally agreed-upon acceptable limits of global warming, as set out in the Paris Agreement.
Companies have a pivotal role to play in reducing emissions and developing low-carbon solutions, particularly in the industrial minerals sector. We see the role of our industry as central in facing this challenge, and we are committed to act by reducing emissions and developing low-carbon solutions.
List of documents related to the sustainability-linked bond issue
With the construction of a new onsite energy recovery plant, Imerys is capturing the feedstock energy contained in syngas, a by-product generated during the carbon black manufacturing. The project – a partnership with energy supplier E.On – will significantly reduce the environmental footprint of carbon black – a key additive in lithium ion batteries serving the clean energy transition.
Achieving much more with less, or using less to achieve much more. That was the challenge Imerys experts set themselves in designing the next generation of specialty binders, designed for a market calling for greater performance with less product and lower environmental impact.
Imerys has rehabilitated its Savins quarry around the town of Provins in France, and located in a prominent farming area. The project has created an area rich in biodiversity. Particularly, the body of water has, among other successes, allowed the colonization of dozens of species of flora and fauna.
From energy usage to emissions and natural resources, the construction industry has a huge impact on the environment. Today, this impact translates to revisions in building regulations, leveraging of technological advances and new materials, and greater adoption of sustainable construction methods. This sustainability is what we strive for.
