Press Release

Bureau Veritas links its syndicated credit facility financial terms to Environmental, Social and Governance (ESG) indicators

Mar. 4 2021

Bureau Veritas announces the signing of an amendment to its EUR 600 million syndicated credit facility − originally signed in 2018 − in order to integrate Environmental, Social and Governance (ESG) criteria.

Bureau Veritas' social and environmental performance will now be taken into account when calculating the financing cost of its syndicated credit facility. This will be measured against the quantitative ESG objectives that the Group has set for 2025.

Three non-financial criteria have been selected for inclusion in calculating the cost of financing the syndicated credit facility: total accident rate, percentage of women in leadership positions and CO2 emissions per employee.

This announcement is part of our engagement, throughout all levels of the company, to contribute to a positive impact on people and the planet.

Aligned with the United Nations' Sustainable Development Goals (SDGs), Bureau Veritas' CSR 2025 strategy − aimed at “Shaping a Better World” − is based on three drivers: