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Anglo SDG Loan

Sector: Commercial • Location: South Africa

Source: International Finance Corporation (IFC)

Project
Completed

 The proposed IFC investment will be a sustainability-linked loan (“SLL”) of up to US$100 million to Anglo American Capital plc (the “Borrower”), a wholly owned financing vehicle of Anglo American plc (“Anglo American”). IFC’s loan will support the Anglo American group’s education and livelihood activities aimed at delivering the education and livelihood goals under its Sustainable Mining Plan (“S

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The project “Anglo SDG Loan” is an infrastructure initiative in the Commercial sector, located in South Africa. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

 The proposed IFC investment will be a sustainability-linked loan (“SLL”) of up to US$100 million to Anglo American Capital plc (the “Borrower”), a wholly owned financing vehicle of Anglo American plc (“Anglo American”). IFC’s loan will support the Anglo American group’s education and livelihood activities aimed at delivering the education and livelihood goals under its Sustainable Mining Plan (“SMP”) in South Africa or, with the prior consent of IFC, any other jurisdiction. The Anglo American SMP, launched in 2018, sets forth a series of ambitious stretch targets and ambitions for 2025 and 2030 across the mining value chain, which are aligned with the UN Sustainable Development Goals (“SDGs”). This will be Anglo American’s first SLL and the first in South Africa’s mining sector supporting education and community development. Anglo American (https://www.angloamerican.com/) is a UK head-quartered global diversified mining company with exploration, mining, and processing operations in 15 countries. The Anglo American group provides many of the essential metals and minerals that are fundamental to the transition to a low carbon economy.                             

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Source reliability

High

Data quality score

100%

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