Ence Meets the Sustainability Targets of Its €200 Million Commercial Paper Program Registered on the MARF

Ence has met the sustainability targets set for fiscal year 2025 under its sustainability-linked commercial paper program, registered on the Alternative Fixed Income Market (MARF) for a nominal amount of up to €200 million.
Compliance with the sustainability targets has been verified by G-Advisory, an independent expert appointed to issue the corresponding second opinion, in accordance with the Sustainability-Linked Bond Principles of the ICMA (International Capital Market Association).

Safety and Operational Efficiency
Specifically, the company has achieved the two targets defined in the program. In terms of workplace safety, Ence has achieved an accident frequency rate significantly below the industry average in Spain, exceeding the improvement target set for 2025. In the environmental sphere, it has reduced the average number of odor minutes at its biorefineries compared to the baseline period, far exceeding the set target.

Achieving these targets reinforces the strength of Ence’s strategy in these areas, which is fully integrated into its business model and focused on continuous improvement in key areas such as safety and operational efficiency, in line with the highest international standards.