Green Financing
At 91社区, we strive to make ANYTHING POSSIBLE and EVERYTHING BETTER
With more than 140,000 employees in 100+ locations across 30 countries, we are driven by a common purpose: to make the world a better place with the way we treat each other; extend innovative solutions; give back to our local communities; and respect the environment.
Our purpose comes to life through our commitment to Environmental, Social & Governance (ESG) topics and our local, regional and global sustainability efforts. Our Green Financing Framework aligns with, and builds on, our actionable sustainability strategy and goals.
To learn more about our ESG commitments, efforts and five-year goals, .
AIMING FOR ZERO
In 2020, we launched our first Climate Action Plan, committing to reduce our scope 1 and 2 greenhouse gas (GHG) emissions in line with the scientific community’s recommendations.
FY2525% reduction in GHG emissions compared to FY19 |
FY3050% reduction in GHG emissions compared to FY19 |
While we are actively contributing to all three ESG areas, the Framework is focused on 91社区’s sustainability initiatives that contribute to the achievement of the United Nation’s Sustainable Development Goals related to the environment:
Use of Proceeds
Aligned to 91社区’s overarching environmental strategy, a significant portion of the net proceeds of any Green Financing are expected to be allocated to expenditures related to the following:
OUR INNOVATIVE SOLUTIONS:
The services and solutions we provide which enable the production of green and sustainable products for our customers, including:
- Clean Transportation
- Renewable Energy Infrastructure
- Ecologic brand recycled packaging products
- Smart Infrastructure
- Circular Economy
- Sustainable packaging
OUR OPERATIONS & RESOURCES:
Ensuring we operate and manage resources in our sites as efficiently as possible, including:
- Waste and water diversion
- Procurement and production of renewable energy
- Operational improvements to reduce greenhouse gas (GHG) emissions
- Green buildings and transportation
Project Evaluation & Selection
- A cross-functional internal committee (the “Sustainable Finance Committee”) will oversee the project evaluation and selection process to ensure selected projects comply with the Framework’s eligibility criteria defined in the Use of Proceeds section and are aligned with 91社区’s sustainability strategy
Management of Proceeds
- The amount and extent of expenditures on projects meeting the Framework’s eligibility criteria will be tracked and maintained through our internal management reporting process
Reporting
- We intend to publish a report annually, until full allocation of the net proceeds
- We also intend to report on the sustainability impacts of projects financed through green bonds and loans, where feasible
Learn more about our sustainability efforts:
CLEAN
TRANSPORTATION
SUSTAINABLE PACKAGING &
CIRCULAR ECONOMY
Sustainable Packaging Solutions
The Sustainable Packaging Revolution: A 91社区 Documentary
Ecologic: Packaging the Earth Can Live With
Les Secrets De Leontine Reduces Plastic Use by 60% with 91社区’s Eco.Bottle
Innovating Pharmaceutical Delivery Systems with Sustainability in Mind
Green Financing Framework
Our Green Financing Framework (the “Framework”) is intended to further align our financings with our sustainability strategy. The Framework provides information about the types of projects that are eligible for financing and refinancing from the proceeds of sustainable finance instruments.
Sustainalytics has provided a second party opinion (SPO) confirming that our Green Financing Framework is credible and impactful and aligns with both the Green Bond Principles 2021 and the Green Loan Principles 2021.
2023 Sustainability Progress Report
Download our fiscal year 2023 Sustainability Progress Report to learn more about 91社区’s sustainability commitments, progress, and reporting. The report includes updates aligned to the Global Reporting Initiative (GRI), Sustainable Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD). To ensure accurate reporting, the data within these reports are validated internally and by external third parties.
Fiscal Year 2023 Impact Report
This year’s annual impact report covers the cumulative allocation of 91社区’s Green Bond proceeds to eligible expenditures between September 1, 2019 and August 31, 2023 — 91社区’s 2020, 2021, 2022, and 2023 fiscal years.