Green Financing

Green Financing

We are working together with some of the most renowned banks in Europe to make our financing structure more sustainable.

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Goal:

  • Set up sustainability linked loan facility

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Only recently we have linked sustainability KPIs to our major 1.6bn Euro financing facility, which means that progressing in our sustainability ambition will help us achieve lower margins on our external funding.

This has effectively turned our revolving credit facility (RCF) into a sustainability linked loan facility (SLL).

SLL KPIs are alligned to our material ESG subjects:

  • Corporate Social Responsibility
  • Circular Economy
  • Carbon Footprint / Sustainable Products

Article - Global Trailer Magazine

 

TIP Green Financing Principles:

green financing TIP Group