Sustainability-linked bonds are bonds tied to the performance of defined sustainability targets. SSAB intends to become the First in fossil-free steel and has tied the bond to SSAB’s newly launched environmental target for GHG emissions, which has been approved by the Science Based Targets initiative, stipulating a commitment to reduce SSAB’s GHG emissions by 35% by 2032 along with key actions set out between 2021 and 2032.

DNB Markets and SEB acted as financial advisors for the bond issue and SEB acted as advisor for the sustainability-linked finance framework.

For further information, please contact:
Henrik Rodenström, Vice President and Head of Treasury, phone: +46 76 544 1014, henrik.rodenstrom@ssab.com
Peter Nordquist, Head of Funding and Markets Operations, phone: +46 72 561 5573,
peter.nordquist@ssab.com