Tassal Group Unveils $350 Million Sustainability-Linked Loan, a First for Australian Aquaculture
Tassal Group, a significant player in the Australian seafood industry, announced that it has signed an AU$497 million (US$349 million) Sustainability-Linked Loan (SLL), the first for the country’s aquaculture industry.
The SLL will provide “accountability and external validation for the delivery of Tassal’s sustainability ambitions,” Tassal said in a ASX market announcement.
Under the SLL, Tassal is incentivised to perform against the following sustainability areas:
- Greenhouse Gas emission reduction, across scope 1, 2 and 3...Full Story »