SEGRO PLC SEGRO PUBLISHES ITS GREEN FINANCE FRAMEWORK
May 17 2021 - 6:00AM
RNS Non-Regulatory
TIDMSGRO
SEGRO PLC
17 May 2021
17 May 2021
SEGRO PUBLISHES ITS GREEN FINANCE FRAMEWORK
SEGRO plc ("SEGRO" or "the Group") has published its Green
Finance Framework ("the Framework"), building on the Responsible
SEGRO strategy launched in February 2021. The Framework, which
applies to SEGRO, its subsidiaries and joint ventures including
SEGRO European Logistics Partnership ("SELP"), integrates financial
strategy with the Responsible SEGRO commitments.
The Responsible SEGRO strategy has three central
commitments:
-- Championing low-carbon growth
-- Investing in our local communities and environments
-- Nurturing talent
The Green Finance Framework identifies projects which can be
financed through green bonds, loans and other debt products. The
projects, known as Eligible Green Projects, must support our
Responsible SEGRO commitments as well as the Group's business
strategy. These include the development and acquisition of
buildings with high quality environmental certifications,
refurbishments of existing buildings which improve their energy
efficiency and discrete projects which encourage clean
transportation, generate renewable energy, reduce pollution and
which have a positive influence on local biodiversity.
DNV independently assessed the Framework to ensure its alignment
with relevant principles published by the International Capital
Markets Association (ICMA) and the Loan Markets Association (LMA).
The Framework and DNV's second party opinion are available at
www.segro.com and at www.selp.lu , as is more information on the
Responsible SEGRO strategy.
Lloyds Bank and Banco Santander acted as joint Green Structuring
Advisors in supporting SEGRO and SELP in developing the
Framework.
Soumen Das, Chief Financial Officer of SEGRO, said:
"Climate change is the most significant long-term challenge
facing the world and we are determined to play our part in tackling
it. The Green Finance Framework reinforces our commitment to
investors in SEGRO and SELP that we will invest the proceeds of
debt instruments in support of our Responsible SEGRO targets,
particularly the ambition of being net-carbon zero by 2030."
CONTACT DETAILS FOR INVESTOR / ANALYST AND MEDIA ENQUIRIES:
SEGRO Harry Stokes (Commercial Finance Director) Tel: +44 (0) 20 7451
9124
--------------
Claire Mogford (Head of Investor Relations) Tel: +44 (0) 20 7451
9048
--------------
Gary Gaskarth (External Communications Tel: +44 (0) 20 7451
Manager) 9069
-------------- ------------------------------------------- --------------------
FTI Consulting Richard Sunderland / Claire Turvey / Tel: +44 (0) 20 3727
Eve Kirmatzis 1000
-------------- ------------------------------------------- --------------------
Notes to editors:
ABOUT SEGRO
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the
London Stock Exchange and Euronext Paris, and is a leading owner,
manager and developer of modern warehouses and industrial property.
It owns or manages 8.8 million square metres of space (95 million
square feet) valued at GBP15.3 billion serving customers from a
wide range of industry sectors. Its properties are located in and
around major cities and at key transportation hubs in the UK and in
seven other European countries.
For over 100 years SEGRO has been creating the space that
enables extraordinary things to happen. From modern big box
warehouses, used primarily for regional, national and international
distribution hubs, to urban warehousing located close to major
population centres and business districts, it provides high-quality
assets that allow its customers to thrive.
See www.SEGRO.com for further information.
ABOUT DNV
DNV is an independent assurance and risk management provider,
operating in more than 100 countries. Through assessment and
digital assurance solutions, DNV helps companies build trust and
transparency around products, assets, supply chains and
ecosystems.
Whether certifying products, sharing claims or optimizing and
decarbonizing supply chains, DNV helps companies manage risks and
realize their long-term strategic goals, improving ESG performance
and generating lasting, sustainable results.
See www.dnvgl.co.uk/assurance for further information.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRADKOBNCBKKDPD
(END) Dow Jones Newswires
May 17, 2021 06:00 ET (10:00 GMT)
Segro (LSE:SGRO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Segro (LSE:SGRO)
Historical Stock Chart
From Jul 2023 to Jul 2024