Sustainable financing

As part of Boliden’s strategy, and to further integrate our sustainability commitments and financing activities, a Green Finance Framework – established May 2022 and updated April 2025 – enables Boliden to issue Green Bonds and Green Loans. The Green Finance Framework provides investors with transparency on how they are contributing to Boliden’s vision to be the most climate friendly and respected metal provider in the world. Financing under the framework will be earmarked for projects and investments within energy efficiency, pollution prevention and control, R&D and sustainable transportation. Examples of important projects that could be financed under the framework include energy and heat recovery, process and mine electrification, water purification, waste reduction and extraction of metal from residual and recycled materials.

The framework has undergone an independent external review by S&P Global, who have classified the framework as “Medium green”.

Boliden has also published a Sustainability-Linked Finance Framework to facilitate the issuance of Sustainability-Linked Bonds. The Sustainability-Linked Finance Framework incorporates Boliden's climate goals, which have been validated by the Science Based Targets initiative (SBTi). These targets include reducing GHG-emissions by 42% for Scope 1 and 2, and by 30% for Scope 3 by 2030, using 2021 as the base year. Sustainalytics has provided an independent second-party opinion on design and ambition level of the framework and has assessed the Key Performance Indicators as ‘Very Strong’ and the Sustainability Performance Targets as ‘Ambitious’ and ‘Highly Ambitious.