Sysco Introduces a Sustainability Bond Framework
Sysco has announced a Sustainability Bond Framework designed to finance or refinance projects that have environmental or social benefits. The funds will come from Sysco-issued Green, Social or Sustainability Bonds to fund projects that qualify.
The Framework includes:
* Which project types are eligible for financing or refinancing through use of Green, Social, or Sustainability Bond sales;
* How projects are evaluated and selected;
* How proceeds are managed; and
* How Sysco intends to provide allocation and impact reporting.
In 2018, Sysco announced goals under their theme “Delivering a Better Tomorrow” to help improve sustainability in...
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