Long-term financing linked to specific and ambitious sustainability targets

The Tönnies Group (Premium Food Group since 1th January 2025) is underlining its sustainability ambitions: The food producer from Rheda-Wiedenbrück has concluded what is known as ESG-linked financing for the first time. The long-term financing of 500 million euros with several banks is linked to specific and ambitious sustainability targets.

“We are delighted that we are one of the first companies in our industry to have succeeded in obtaining such financing”, says Carl Bürger, CFO of the Tönnies Group (Premium Food Group since 1 January 2025). “‘”We take the issue of sustainability very seriously and are measured against it in all areas of the company.” The specific targets cover the areas of CO2 reduction, animal welfare, social standards and corporate governance.

“We align ourselves with the highest standards worldwide”, emphasises Dr Gereon Schulze Althoff, Head of Quality and Sustainability at the Tönnies Group (Premium Food Group since 1 January 2025). The Rheda-Wiedenbrück-based food producer has joined the Science Based Targets Initiative with the aim of reducing CO2 emissions.

Since 2015, more than 1000 companies worldwide have been part of this global initiative. The companies set themselves scientifically sound climate targets and organise a traceable measurement of CO2 emissions along the way.

The picture shows the sewage treatment plant of the city of Rheda-Wiedenbrück with the biogas plant of the Tönnies Group. Image: City of Rheda-Wiedenbrück