- Environment
Project Name:HIPCA-Sub Project 2: Zabka Poland Sustainable Loan Project
Project status:Projects in Operation
Cooperating Country:Poland
Project Description:
This project promotes the green transformation of Zabka Poland, a large Polish convenience store chain. More specifically, it provides a loan to Zabka to support the company’s medium-term capex program, which includes the adoption of an ambitious strategy for addressing sustainability and climate change. The project aims to accelerate climate action and circular business models by providing a sustainability-linked loan that ties the interest incentive to ambitious ESG- (environmental, social, and governance) and climate-related goals.
Project Objectives:
This project aims to accelerate climate action and circular business models in Poland’s food retail sector. Zabka is the first retail company in Central Europe to commit to ESG targets validated by the Science Based Targets Initiative (SBTi). Delivering on this high level will have a significant demonstration effect on the Polish corporate sector and food industry in the region.
Executing Agency:
Executing Agencies: EBRD and Zabka Poland
Implementation Arrangement:
The project is co-financed by EBRD and the TaiwanICDF HIPCA Special Fund.
Project Contact:Su, Yi-Chung
Phone:886-2-28886073
E-mail:y.c.su@icdf.org.tw
- Update:2023-07-27
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