Our sustainable strategy is designed to thrive in a continuously evolving market, increasingly prioritizing #transparency and credible, ambitious transition strategies. We are proud to announce, for the second consecutive year, the "Transition Bond of the Year" award by Environmental Finance recognizing our successful placement of the #EUtaxonomy-aligned transition bond. This bond, first of its kind in the market, represents a milestone achievement and underscores Snam S.p.A.‘s commitment to embracing innovative solutions within #SustainableFinance. #weareSnam #semprepiùSnam #TeamFinance
For the second consecutive year, Snam won the "Transition Bond of the Year" award by Environmental Finance, a periodical specialized in sustainable finance. This award recognizes our successful placement of the EU taxonomy-aligned transition bond, which is convertible into existing Italgas ordinary shares. The issuance of this bond, first issuance of its kind in the market, underscores our continuous commitment to adopting innovative solutions in #SustainableFinance and has contributed to achieving our ambitious goals three years ahead of schedule. In light of this, during the Strategic Plan presented last January, we revised our sustainable finance target, increasing it from 80% to 85% by the end of 2027. #energytoinspiretheworld