L’Oréal Groupe spearheads supplier decarbonization fund

December 12, 2024 EcoVadis EN


L’Oréal Groupe and credit specialist Chenavari Investment Managers launched a debt fund last month to help small- and medium-sized enterprises address scope 3 commitments, according to a Nov. 18 press release.
The Solstice fund aims to enable easier supplier access to funding to make progress on decarbonization industrial projects and initiatives, according to the press release. Outside institutional investors can also contribute to the fund.


Read the full article at: www.supplychaindive.com

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EcoVadis EN

EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. We offer a full range of solutions including IQ-Plus Risk & Compliance Management, EcoVadis Ratings, and Carbon Action Module for Scope 3 Decarbonization. Key features like 360/Live News Monitoring, Academy E-learning and Corrective action plans help companies comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 250 industries in 185 countries.

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