Henkel first in plastic pledge

Henkel takes another step sustainability as the first company globally to complete a plastic waste reduction bond.

The proceeds from this bond will be specifically allocated to projects and also expenditures related to Henkel’s activities to reduce plastic waste. The bond has a total volume of 70 million US dollars and a maturity of five years.

The plastic waste reduction bond underlines Henkel’s commitment to foster a circular economy and reduce plastic waste. In 2018, Henkel was also the first company in Germany to conclude a syndicated ‘Sustainability linked Loan’. This is a credit facility linking to Henkel’s performance in three independent sustainability ratings.

Henkel CFO Marco Swoboda said: “Plastic waste is one of the biggest environmental challenges globally. We have reaffirmed our clear commitment to accelerate our sustainability actions and also are working towards ambitious targets for reducing plastic waste.

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More information on Henkel’s commitment and actions for sustainable packaging can be found at henkel.co.uk/spotlight/features/plastic.