Pirelli secures USD417-million loan to finance Scope 3 emission reduction plans
The company’s Scope 3 emission reduction plans involve an increase in use of tire materials derived from non-fossil-fuel sources.
Italian tire manufacturer Pirelli announced via a press release on 22 June that its Board of Directors had approved the underwriting of a sustainability-linked credit line with international banks for an amount of up to USD417 million (EUR400 million).
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
