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Atos: €800 million in sustainability-linked bonds raised

Nov 15, 2021 | Posted by MadalineDunn

Atos has announced that it has raised €800 million ($916m) in sustainability-linked bonds with an 8-year maturity and a 1.0% coupon. Moreover, if Atos achieves a reduction in 2025 of its annual Greenhouse Gas CO2 emissions (Scopes 1, 2 & 3) by 50% compared to 2019, the coupon of the last three years will be unchanged.

Atos has committed to achieving net-zero carbon emissions by 2035, but in February 2021 outlined that it expects to reach net-zero sooner in 2028. In 2020, 55% of its power came from carbon-free and renewable energy. 

Commenting on this, Elie Girard, Atos CEO, said: “It is time to accelerate the fight against climate change. By raising our own decarbonization ambition, we will better support our clients on their journey by tapping into the power of digital technologies and their identified potential to reduce carbon emissions by up to 20 percent in other sectors. Our worldwide industry leadership in decarbonization will directly benefit all our customers.”

In a statement on its site, it said: “BNP Paribas, Deutsche Bank, J.P. Morgan are acting as Global Coordinators and Joint Bookrunners of the bond issuance. Crédit Agricole CIB, HSBC, Morgan Stanley, Société Générale, Banco Bilbao Vizcaya Argentaria, Banco Santander, BofA Securities, Commerzbank, Crédit Industriel et Commercial, ING Bank, Natixis, SMBC Nikko Capital Markets, Unicredit Bank and Wells Fargo Securities are acting as Joint Bookrunners.”