Core Points - Solvay has amended its €1.1 billion multilateral revolving credit facility and €0.3 billion bilateral revolving credit facilities to include sustainability-linked features, aligning with its For Generations roadmap and commitment to reducing greenhouse gas emissions [1][2] - The amendments link the company's borrowing costs to its climate goals, specifically targeting ambitious greenhouse gas emission reduction targets across Scope 1, 2, and 3 emissions [2] - The CFO of Solvay emphasized that integrating sustainability into the financing strategy enhances the company's focus on climate change, a key aspect of its For Generations strategy [3] Company Overview - Solvay is a pioneering chemical company with a history dating back to 1863, employing around 9,000 people and generating €4.7 billion in underlying net sales in 2024 [5] - The company is committed to delivering innovative and sustainable solutions that address essential global needs, including air and water purification, food preservation, health protection, and sustainable materials [5] - Solvay aims for a transition to a carbon-neutral future by 2050, highlighting its dedication to sustainability and a fair transition [5]

Core Viewpoint - Nokia has signed a EUR 1.5 billion five-year multicurrency revolving credit facility with a pricing mechanism linked to its sustainability targets, replacing a previous EUR 1,412 million agreement from 2019 [1][9]. Group 1: Sustainability Targets - The sustainability targets for the revolving credit facility include the reduction of absolute Scope 1 and 2 greenhouse gas emissions and the reduction of absolute Scope 3 GHG emissions, with annual observation periods impacting pricing adjustments for the following year [2][9]. - Nokia is committed to achieving a Net-Zero target by 2040, which has been validated by the Science Based Targets initiative (SBTi) [4]. Group 2: Financing Strategy - Nokia's financing strategy is closely linked to its sustainability strategy, building on previous initiatives such as the sustainability-linked guarantee facility in 2022 and the sustainable finance framework launched in 2023 [3][9]. - The new revolving credit facility reflects strong support from key banking partners, aligning financing with sustainability priorities [6][7]. Group 3: Operational Approach - Detailed operational approaches to reducing GHG emissions are outlined in Nokia's Net-Zero climate transition plan, which includes commitments and actions for decarbonization [5]. - Nokia published its 2024 Annual Sustainability Statement in March 2025, adhering to the EU Corporate Sustainability Reporting Directive and European Sustainability Reporting Standards [5].