Stena Metall Group has issued the company’s first Green Bond and has established a green framework.
The green bond provides an opportunity to invest in projects featuring a distinct sustainability profile. The bond shall be linked to Stena Metall Group’s recycling operations at Stena Nordic Recycling Center in Halmstad.
Stena Metall Group is a family owned company conducting operations in seven business areas at more than 200 locations in ten countries. The Group’s recycling companies collect, process and recycle all types of waste. Each year the Group recycles more than five million tonnes of waste and contributes to improving society’s conservation of valuable resources.
Stena Metall Group provides society with vital recycled raw materials.
The company’s products and services create sustainable value for customers and partners, as well as long-term profitability for the Group. The efficient and innovative management of resources helps to strengthen customers’ sustainability efforts and benefits society as a whole.
The Stena Nordic Recycling Center represents a great leap forward in efficient resource management. Thanks to the increased recycling rates it achieves, energy savings and environmental benefits increase.
Yearly, approximately 130.000 tonnes of ferrous and non-ferrous metals are supplied to smelters around the world. 225.000 tonnes of waste is processed including about 200.000 recycled cars. The facility reduces landfill by 40% compared to less advanced technology.
Stena Metall Group has designed a green framework together with Handelsbanken. The framework has been audited by the Centre for International Climate Research (Cicero). The investments financed by the green bond will be monitored in regular reports presented on this website.
Green Bond Framework (.pdf)
Cicero Second Opinion (.pdf)