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Burberry Steps Out With New £300m Sustainability Loan

3BL Media

Burberry has strengthened its resolve to be climate positive by 2040 by refinancing a credit facility to a £300m Sustainability Linked Loan. The firm committed to the climate positive target last June, which will place the company ten years ahead of the 1.5C pathway laid out in the Paris Agreement.

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20 C-suite sustainability champions for 2021

GreenBiz

The company touts advancing responsibility for sourcing raw ingredients, such as cobalt, within its supply chain. Rosalind Brewer is the first African-American and woman to steer the company’s Americas operations as well its global supply chain, product and store development. and globally by 2040. Company profile.