S. Africa: The Richest Jews at work: Anglo American issues €745m sustainability-linked bond


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[Anglo American is owned by the Jewish Oppenheimer family who have been quietly removing themselves from the list of the richest people in South Africa and Africa. They are keeping a very low profile and pretending to not be THE RICHEST. The Oppenheimers are the local agents for the British Rothschilds who were installed by the British Empire when they British Army and other Empire armies came to smash the Boer Republics 120 years ago. That was the biggest con and scam to come and steal all the mega wealth of the Boer farmers. Anyway, this enormous move by the Jews is just the invention of another financial tool for the apparent purpose of climate change, blah blah blah. Jan]

With the hope of reducing greenhouse gas emissions and supporting job creation in host communities by 2030.

By Nondumiso Lehutso 15 Sep 2022 11:18

JSE-listed mining company Anglo American has launched a €745 million sustainability-linked bond which will see investors being entitled to a higher final coupon payment if the company fails to meet its key performance targets.

The company noted in a Sens statement on Thursday that the bond is the first instrument to be issued following the company’s recently adopted sustainability financing framework and will mature in 2032.

It indicated that its targets include:

Reducing absolute greenhouse gas emissions (scope 1 and 2) by 30% by 2030, compared to 2016
Reducing the abstraction of fresh water in water scarce areas by 50% by 2030 compared to 2015
Supporting five offsite jobs for every onsite job by 2030

“The financing mechanism will see a coupon increase of 40bps accruing from September 2031 for each of the selected KPIs (key performance indicators) that do not achieve its target or if the verification of the target being achieved has not been published,” the company adds.

It says its sustainability financing framework was established in accordance with the sustainability-linked bond principles (SLBP) 2020 administration by the International Capital Market Association and the sustainability-linked loan principles (SLLP) 2022 administered by the Loan Market Association.

Anglo American says its sustainability financing framework covers bonds, loans and other financing instruments and furthers the company’s funding requirements to stretch goals set out in its sustainable mining plan.

Source: https://www.moneyweb.co.za/news/companies-and-deals/anglo-american-issues-e745m-sustainability-linked-bond/



Jan‘s Advertisement
S.Africa: Animal sex: Black man arrested, goat dies
The Goats were screaming! Villagers at Ga-Ratisi in the Northern Province holding an all-night vigil arrested a naked man early on Sunday morning, who is believed to have committed bestiality with a goat which later died.

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