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IDB Invest Supports Natura in a Sustainability-Linked Bond
07/09/2024 Since 2 weeks
![](https://greenfinancelac.org/wp-content/uploads/2024/07/06-Generico-2024-07-19T164947.660.jpg)
Natura Cosméticos, a Brazilian multinational in the hygiene and cosmetics industry certified as B Corp since 2014, has placed a sustainability-linked bond (SLB) for an amount in local currency equivalent to about 240 million dollars. IDB Invest joined as an impact investor, with investments worth nearly 36 million dollars. The resources obtained will be focused on promoting the development of bio-ingredients from Amazonian socio-biodiversity, under the umbrella of the Amazonia Forever program from the IDB Group.
The issuance will contribute to the fulfillment of the United Nations’s Sustainable Development Objectives (SDGs) #10 (Reduced Inequalities), #12 (Responsible Consumption and Production) and #15 (Life on Land).
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