Aurubis, a global supplier of non-ferrous metals and one of the world’s largest copper recyclers, has announced that it is linking its factoring programme to its ESG performance. Following a syndicated credit line and a bonded loan, the German company, is planning an initial factoring volume of €150m over three years, which the company says it will gradually increase to €300m.
The company is linking its factoring programme to the development of its EcoVadis rating.