CEOforLIFE

CONTACTS

No Result
View All Result
CEOforLIFE
Collective Meeting
  • CEOs
    • CEOs HUB
    • CEOs TALKS
    • CEOs AGENDA
    • CEOs MAGAZINE
  • SDGs
    • PROJECTS
    • FORUM
    • AMBASSADORS
    • INSTITUTIONS
  • NOMINATION
    • NOMINATION by Countries
    • NOMINATION by SDGs
  • CEOforLIFE AWARDS
    • Global Awards 2022 – Emirates
  • COUNTRIES
    • GLOBAL
      • AUSTRALIA
      • DENMARK
      • GERMANY
      • ITALY
      • JAPAN
      • MALAYSIA
      • SINGAPORE
      • SPAIN
      • SWITZERLAND
      • UNITED ARAB EMIRATES
      • UNITED KINGDOM
      • UNITED STATES
  • VISION
    • HOW IT WORKS
    • MANIFESTO
    • MISSION
  • JOIN
CEOforLIFE
  • CEOs
    • CEOs HUB
    • CEOs TALKS
    • CEOs AGENDA
    • CEOs MAGAZINE
  • SDGs
    • PROJECTS
    • FORUM
    • AMBASSADORS
    • INSTITUTIONS
  • NOMINATION
    • NOMINATION by Countries
    • NOMINATION by SDGs
  • CEOforLIFE AWARDS
    • Global Awards 2022 – Emirates
  • COUNTRIES
    • GLOBAL
      • AUSTRALIA
      • DENMARK
      • GERMANY
      • ITALY
      • JAPAN
      • MALAYSIA
      • SINGAPORE
      • SPAIN
      • SWITZERLAND
      • UNITED ARAB EMIRATES
      • UNITED KINGDOM
      • UNITED STATES
  • VISION
    • HOW IT WORKS
    • MANIFESTO
    • MISSION
  • JOIN
No Result
View All Result
CEOforLIFE
Home CEOforLIFE AWARDS GLOBAL

Guess, Inc. confirms a 250 million euro credit facility dedicated to sustainability

Guess, Inc. announced a €250 million revolving credit agreement with its wholly-owned Swiss subsidiary, Guess Europe Sagl

10 May 2022
Reading Time: 1 min read
0 0
Guess, Inc. confirms a 250 million euro credit facility dedicated to sustainability
0
SHARES
17
VIEWS
Share on LinkedinShare on Twitter

Guess is the latest fashion business to establish a credit arrangement which is strongly related to its capacity to achieve agreed-upon environmental standards.

The European credit facility of 250 million euros will be based on three major key pillars: operating with integrity, empowering our people, and protecting the environment.

The facility’s rate of interest will be adjusted annually depending on sustainability targets such as lowering greenhouse gas emissions, increasing the usage of sustainably produced fabrics, and boosting the incorporation of the Company’s Guess ECO goods.

Environmentally-linked credit facilities have grown in popularity in recent years as demand increases from investors and customers amongst both for businesses to demonstrate their commitment to sustainability policies.

The facility, according to Guess CEO Carlos Alberini, “highlights the importance of the European area to our whole organisation as our biggest division, as well as our funders’ trust in our plan.”

“We remain deeply dedicated to our mission of environmental protection and consider sustainability as completely interwoven into our activities,” he added.

Guess Europe Sagl, its wholly-owned Swiss subsidiary, has entered under the revolving credit arrangement.

The facility has a five-year initial term with the option to extend the maturity date by up to two years and increase the facility size by up to 100 million euros.

The facility substitutes Guess’s 120 million euro short-term lending agreements with multiple banks.

 

CEOforLIFE – We promote life. We support the SDGs
Source: FashionUnited Group
Tags: homeSDGs12SDGs13SDGs15SDGs17
Next Post
With a carbon net-negative goal, Bain expands its sustainability mission

With a carbon net-negative goal, Bain expands its sustainability mission

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

  • Bladeless Wind Turbines Could Be The Future Of Green Energy

    Bladeless Wind Turbines Could Be The Future Of Green Energy

    0 shares
    Share 0 Tweet 0
  • Emiliano Rantucci, CEO, Avanade Italy – Employee Wellbeing Strategies: How to improve well-being and promote responsible business project, winner of CEOforLIFE SDGs Ambassador Award

    0 shares
    Share 0 Tweet 0
  • Class A biosolids and the future of biosolids management

    0 shares
    Share 0 Tweet 0
  • INNOCENT DRINKS

    0 shares
    Share 0 Tweet 0
  • International Earth Day 2022: Theme, History, and Significance

    0 shares
    Share 0 Tweet 0
  • Trending
  • Comments
  • Latest
Bladeless Wind Turbines Could Be The Future Of Green Energy

Bladeless Wind Turbines Could Be The Future Of Green Energy

14 January 2022
Enerkem achieves a major breakthrough by producing sustainable aviation fuel from local forest biomass

Enerkem achieves a major breakthrough by producing sustainable aviation fuel from local forest biomass

2 March 2022
Enerkem project recommended for funding in CRIN Low Emission Fuels and Products Technology competition

Enerkem project recommended for funding in CRIN Low Emission Fuels and Products Technology competition

1 March 2022
Travin Singh | CEO -Singapore startup CRUST raises funding to expand in Japan, turns bread and food waste into drinks

Travin Singh | CEO -Singapore startup CRUST raises funding to expand in Japan, turns bread and food waste into drinks

6 December 2021
Wiggling Wind Power

Wiggling Wind Power

Bladeless wind turbine that vibrates to generate power could save more than 500,000 birds killed each year by spinning blades, experts say

Bladeless wind turbine that vibrates to generate power could save more than 500,000 birds killed each year by spinning blades, experts say

What is a “carbon border adjustment mechanism”?

What is a “carbon border adjustment mechanism”?

Class A biosolids and the future of biosolids management

Class A biosolids and the future of biosolids management

This Climate Positive City Will Produce More Energy and Food Than It Consumes

This Climate Positive City Will Produce More Energy and Food Than It Consumes

13 May 2022
How Arab fashion is embracing the sustainability bandwagon

How Arab fashion is embracing the sustainability bandwagon

12 May 2022
With a carbon net-negative goal, Bain expands its sustainability mission

With a carbon net-negative goal, Bain expands its sustainability mission

11 May 2022
Guess, Inc. confirms a 250 million euro credit facility dedicated to sustainability

Guess, Inc. confirms a 250 million euro credit facility dedicated to sustainability

10 May 2022

EDITORIAL BOARD

  • About us
  • Join
  • The Magazine

CATEGORIES

  • SDGs
  • CEOforLIFE AWARDS
  • NOMINATION
  • JOIN
Read the magazine
No Result
View All Result
  • CEOs
    • CEOs HUB
    • CEOs TALKS
    • CEOs AGENDA
    • CEOs MAGAZINE
  • SDGs
    • PROJECTS
    • FORUM
    • AMBASSADORS
    • INSTITUTIONS
  • NOMINATION
    • NOMINATION by Countries
    • NOMINATION by SDGs
  • CEOforLIFE AWARDS
    • Global Awards 2022 – Emirates
  • COUNTRIES
    • GLOBAL
      • AUSTRALIA
      • DENMARK
      • GERMANY
      • ITALY
      • JAPAN
      • MALAYSIA
      • SINGAPORE
      • SPAIN
      • SWITZERLAND
      • UNITED ARAB EMIRATES
      • UNITED KINGDOM
      • UNITED STATES
  • VISION
    • HOW IT WORKS
    • MANIFESTO
    • MISSION
  • JOIN

© 2021 CEOforLIFE AWARDS

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.