Sustainable investments for the future
Sustainability is a major part of MEGGLE’s strategy since years. As the first representative of the German milk sector the dairy from Wasserburg signed a Green Schuldschein. The amount made available to MEGGLE will be used for already implemented investments in the production.
The loans that are backed by a number of investors have a multi-year term. It is compulsory that the amount provided by a Green Schuldschein is used to achieve sustainable environmental, social or governance targets.
“We are very happy and really proud that we have taken a big step into the future with this Green Schuldschein. Long-term sustainable investments are well worthwhile. We would like to thank all the investors for supporting us and their confidence in MEGGLE”, says Drs. Sil H. van der Ploeg MBA, CEO of MEGGLE.
All projects were under review by Vigeo Eiris, an international rating agency. The very demanding procedure checked whether MEGGLE’s plans fulfilled the claims of the “Green Bond Principles”, a norm of the International Capital Market Association (ICMA) for sustainability management.