Puurs-Sint-Amands – Fedrus Group is proud to announce that its existing financing agreement has been granted the label Sustainable Linked Loan (SLL), following an agreement with its lenders to integrate key ESG performance indicators (KPIs). This conversion reflects the company’s commitment to tying its financial strategy to its Environmental, Social, and Governance (ESG) goals.
As part of the new structure, the loan is linked to three specific KPIs, highlighting Fedrus Group’s sustainability ambitions:
- Greenhouse Gas Emission Reduction Targets (Scope 1 and 2)
- Workplace Safety Initiatives
- Ecovadis Score Improvement for Material Entities
Fedrus Group has been steadily incorporating ESG considerations into its business and growth strategies for the past six years. The conversion of this financing agreement into a Sustainable Linked Loan further solidifies the Group’s commitment to environmentally and socially sustainable practices, with a focus on measurable impact.
“We believe sustainability is at the core of every aspect of our business,” said Mark Vandecruys, CEO of the Group. “By linking our financing to clear and measurable ESG metrics, we are aligning our financial objectives with our broader mission to foster positive environmental and social outcomes. This transition to an SLL is an important step in advancing our ESG strategy.”
The selected KPIs, based on the company’s recent materiality assessment, will also feature prominently in Fedrus Group’s upcoming Corporate Sustainability Reporting Directive (CSRD) report. The Group is confident that this approach will lead to meaningful progress in sustainability, benefiting both the environment and society.
