euNetworks sets new sustainability loan targets
Author: Joe Peck
euNetworks, a European bandwidth infrastructure company, has introduced two environmental performance targets through its Sustainability-Linked Loan (SLL), linking sustainability measures to the design and development of new network infrastructure.
The revised framework introduces Network Development Impact by Design Plans for major network projects, alongside a target for continuous improvement in the company’s GRESB infrastructure benchmark score.
euNetworks first established its €760 million (£650 million) SLL in 2021 to support the expansion of its fibre network across Europe. The facility was then refinanced and expanded to €1.26 billion (£1 billion) in 2024.
The Impact by Design Plans will now apply to major projects requiring significant new network construction. These projects account for a large proportion of euNetworks’ annual capital investment and approximately two thirds of its current greenhouse gas emissions.
The plans will assess lower-carbon materials, construction techniques, and supplier options during the design stage, before project specifications are finalised. The approach is intended to incorporate environmental considerations into commercial and engineering decisions alongside cost, delivery times, and customer requirements.
New targets added to €1.26bn loan
The GRESB target will measure continuous improvement against an infrastructure-focused benchmark covering governance, environmental management, and operational performance.
Marisa Trisolino, CEO of euNetworks, says, “Our new SLL targets mark an important step in euNetworks’ commitment to growing our business sustainably, focusing our efforts on the areas where we can deliver the greatest impact.
“The introduction of our NetDev Impact by Design Plans represents a significant evolution in how we approach major network development projects, embedding sustainability considerations from the very beginning of the design and planning process.”
The targets complement euNetworks’ existing sustainability commitments, including its validated Science Based Targets, net zero by 2040 commitment, supplier engagement programme, and carbon measurement tools.
For more from euNetworks, click here.
