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TOMRA’s green financing framework earns top “dark green” rating from S&P Global

October 7, 2025 at 02:49 PM UTCBy FilingReader AI

TOMRA Systems ASA has published an updated Green Financing Framework, replacing its October 2022 predecessor, to align its sustainability ambitions with its financing activities. S&P Global Ratings awarded this framework a "Dark Green" Second Party Opinion, the highest possible rating. This confirms adherence to the International Capital Market Association's Green Bond Principles and the Loan Market Association's Green Loan Principles. Nordea collaborated on the framework's development.

The updated framework outlines three main categories for the use of proceeds: circular economy adapted products, production technologies and processes; renewable energy; and clean transportation. This supports TOMRA’s strategy to maximize positive environmental impact ("handprint") while minimizing negative sustainability effects ("footprint").

TOMRA, operating approximately 113,700 installations across over 100 markets, reported total revenues of €1,348 million in 2024 and employs 5,300 people globally. The company focuses on developing solutions for circular economies through automated identification, collection, grading, and sorting of resources, aspiring to a world without waste.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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