{"id":6027,"date":"2023-09-01T09:35:34","date_gmt":"2023-09-01T09:35:34","guid":{"rendered":"https:\/\/www.sofidel.com\/comunicato\/sofidel-and-credit-agricole-italia-close-a-medium-to-long-term-financing-transaction-linked-to-achievement-of-esg-targets\/"},"modified":"2023-09-01T09:32:14","modified_gmt":"2023-09-01T09:32:14","slug":"sofidel-and-credit-agricole-italia-close-a-medium-to-long-term-financing-transaction-linked-to-achievement-of-esg-targets","status":"publish","type":"comunicato","link":"https:\/\/www.sofidel.com\/en\/press-releases\/sofidel-and-credit-agricole-italia-close-a-medium-to-long-term-financing-transaction-linked-to-achievement-of-esg-targets\/","title":{"rendered":"Sofidel and Cr\u00e9dit Agricole Italia close a medium- to long-term financing transaction linked to achievement of ESG targets"},"content":{"rendered":"\n<p><strong>Porcari (LU), Italy, Sep. 1st, 2023<\/strong> &#8211; <strong>Sofidel<\/strong>, one of the world\u2019s leader in the manufacturing of paper for hygienic and domestic use, best known for its Regina brand, <strong>has finalized with Cr\u00e9dit Agricole Italia (CAI)<\/strong>, a banking player that operates across Italy with all business lines at the service of 5.9 million customers, a <strong>medium- to long-term loan<\/strong> to support the development of the paper sector in favor of environmental protection.<\/p>\n\n\n\n<p>The loan provided by CAI, <strong>whose terms are linked to the achievement of environmental and social performance targets<\/strong>, denotes the Bank&#8217;s willingness to be a partner of choice that is attentive to the needs of its customers and, at the same time, will enable the Group to <strong>strengthen its<\/strong> <strong>financial structure<\/strong> and promote business growth in the international market with greater respect for the environment and a particular <strong>focus on ESG principles<\/strong>.<\/p>\n\n\n\n<p>The <strong>objectives included and monitored<\/strong> for the success of the operation are reducing the intensity of Scope 1 and 2 climate-changing emissions, decreasing the incidence of conventional plastics in packaging, and setting up related training activities.<\/p>\n\n\n\n<p>For Sofidel, this transaction fits in as a continuation of the <strong>company&#8217;s business activities that place the development of social and environmental aspects at the center<\/strong>, geared toward fostering a low-carbon economy capable of creating shared value for all stakeholders and the local area.<\/p>\n\n\n\n<p>Furthermore, for <strong>Cr\u00e9dit Agricole Italia<\/strong>, the transaction demonstrates the concrete commitment to promote the socio-economic development of all territories, acting in synergy with the entrepreneurial fabric of the country, so as to promote inclusive growth for the benefit of the communities.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sofidel.com\/wp-content\/uploads\/2023\/08\/20230901_Press-release_Sofidel-and-Credit-Agricole-Italia-close-a-medium-to-long-term-financing-transaction-linked-to-achievement.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Download the press release<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sofidel has finalized with Cr\u00e9dit Agricole Italia (CAI), a banking player that operates across Italy with all business lines at the service of 5.9 million customers, a medium- to long-term loan to support the development of the paper sector in favor of environmental protection.<\/p>\n","protected":false},"featured_media":3738,"template":"","comunicati_cat":[228],"class_list":["post-6027","comunicato","type-comunicato","status-publish","has-post-thumbnail","hentry","comunicati_cat-press-releases"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.sofidel.com\/en\/wp-json\/wp\/v2\/comunicato\/6027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sofidel.com\/en\/wp-json\/wp\/v2\/comunicato"}],"about":[{"href":"https:\/\/www.sofidel.com\/en\/wp-json\/wp\/v2\/types\/comunicato"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sofidel.com\/en\/wp-json\/wp\/v2\/media\/3738"}],"wp:attachment":[{"href":"https:\/\/www.sofidel.com\/en\/wp-json\/wp\/v2\/media?parent=6027"}],"wp:term":[{"taxonomy":"comunicati_cat","embeddable":true,"href":"https:\/\/www.sofidel.com\/en\/wp-json\/wp\/v2\/comunicati_cat?post=6027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}