UPM inks €750m sustainability-linked loan to help drive climate action

clock • 1 min read

Forestry giant secures revolving credit facility with BNP Paribas to help drive sustainable forest management initiatives

Finnish forestry business UPM has become one of the first businesses in the world to link repayments on a €750m loan to its performance against long-term biodiversity and climate targets. The company...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Multilateral development banks mobilise record $163bn in climate finance in 2025

Multilateral development banks mobilise record $163bn in climate finance in 2025

Results suggest MDBs are on track to meet 2030 climate financing projections announced at COP29 Climate Summit

clock 17 July 2026 • 2 min read
Nature-Positive Pathways: New guidance aims to boost private finance for nature projects

Nature-Positive Pathways: New guidance aims to boost private finance for nature projects

Proposed methodology to help firms develop robust nature-positive transition plans unveiled by WWF, Green Finance Institute (GFI), and the UK Centre for Ecology and Hydrology

Michael Holder
clock 16 July 2026 • 4 min read
Fiduciary Managers making 'incremental' progress on ESG integration

Fiduciary Managers making 'incremental' progress on ESG integration

EY report finds ESG integration has been a case of 'evolution rather than revolution'

Martin Richmond, Professional Pensions
clock 15 July 2026 • 3 min read