French-Headquartered Global Heathcare Company Sanofi Issues Socially-Centric Sustainability Bond
With seemingly each day bringing announcements from global companies of multi-million dollar #sustainability-centric bond issuances linked to #environmental action, it’s great to see news coming from Sanofi of a #societal-centric bond issuance.
The France-headquartered global #healthcare company has issued a double tranche of bonds for €1.5 billion, with debt tied to Sanofi's performance in reaching goals to improve access to essential medicines in “low and lower-middle” income countries.
The terms of the notes include reaching at least 1.5 million patients over the years 2022 to 2026. This is a big increase from years prior and is demonstrative a clear interest in living up to the Sanofi positioning of being a #business with a goal to “improve people’s lives.”
#ESG isn’t just about the #environment.
What more can you do, with your business, to positively impact #society and build a better #future?