Volkswagen agrees to raise R$500 mi with social and environmental commitments

Overview of the issue of debt bonds from Volkswagen Visitors: 176 ★★★★★

Volkswagen (Germany: VOOG) announced on Wednesday 2 an agreement to raise 500 million reais with Bradesco (SA:BBDK4) by issuing an eligible debt bond. In the operation, the automaker aims to increase the participation of women in leadership positions and reduce fossil fuel emissions from its operations.

By 2024, Volkswagen promises to increase the participation of women in leadership positions from 14% to 26%, and women are expected to increase in leadership positions from 9% to 25%.

In the same period, the automaker aims to convert 12% of its fossil CO2 emissions into a manufacturing process.

The share of biomethane in the total volume of gas consumed at Volkswagen plants in Brazil will increase to 20%.

At Bradesco, the operation is part of the bank's goal of channeling 250 billion reais into activities with a high environmental and social impact by 2025.

Comments (0)

Investor pessimism is the worst since the 2008 crisis

According to BofA's monthly survey of fund managers, expectations of global growth and company profits have fallen to record lows. The liquidity level has reached its highest level in the last twenty years as investors have reduced their exposure to risky assets.

Monetary policy and the European energy crisis.

Ten-year BTP returns to the 91 euro zone with a yield of 1.909%, while Bud falls to 97 euros with a yield of 0.266%.

Orban: Ukraine is actually asking to block the Hungarian economy

In fact, Ukraine demands a complete shutdown of the Hungarian economy, Hungarian Prime Minister Viktor Orban said on Sunday, referring to the postulates on banning the import of Russian energy resources to the EU.

Inflation can lead to higher wages for all segments of the population

Representatives of the European Central Bank (ECB) are very concerned that the price increase may become a spiral that will also raise wages in the eurozone. The labor market is also facing further strengthening due to the military actions in Ukraine