Pensana awarded Green Bond Certification18 Jul 2022 08:44
Pensana is pleased to announce that it has received certification from CICERO, the leading independent provider
of assessments on green bond frameworks.
CICERO Shades of Green (CICERO) is Norway’s foremost institute for interdisciplinary climate research, which is
internationally recognised as a leading provider of independent reviews of green bonds. It is independent of the
financial and corporate sectors and a multiple award winner of International Environmental Finance Assessment
Awards.
CICERO has rated Pensana as in line with its principles, based on the Company’s plans to create a sustainable
magnet metal supply chain through a rare earth processing facility at the Saltend Chemicals Park in the Humber
Freeport and mining in Angola.
CICERO has also rated Pensana’s operations as LIGHT GREEN with a Governance score of GOOD. The rating refers
to transition activities and projects that reduce emissions or provide other environmental benefits.