RELEX Solutions, a provider of unified supply chain and retail planning solutions, announced it has secured a €10 million green revolving credit facility that can be used to finance projects and activities with a positive sustainability impact. Nordea Bank Abp is granting this credit. Launched on minimizing waste in the supply chain, RELEX remains committed to embedding sustainability into its core operations.
A green revolving credit facility offers funding specifically for environmentally sustainable projects and activities, such as improving energy efficiency, reducing waste and emissions, and advancing sustainable practices. And green financing reflects a growing movement among companies and financial institutions to prioritize investments that deliver both financial returns and measurable environmental benefits for sustainable future. By securing this facility, RELEX emphasizes its dedication to responsible business practices and leadership in sustainability.
KEY QUOTES:
"This green revolving credit facility reflects not only our strong financial standing but also our unwavering commitment to sustainability. As a company, we are dedicated to helping our customers reduce waste and create efficiencies in their operations."
- Johanna Småros, co-founder and Chief Sustainability Officer, RELEX Solutions
"As we continue our rapid growth, access to flexible bank financing provides significant advantages. This green revolving credit facility enhances our ability to invest in projects and activities that drive both long-term business growth and measurable sustainability impact. It also reflects the confidence our financial partners have in RELEX's stability and our commitment to responsible value creation. Furthermore, the green label is more than just a marketing term - it translates into a lower cost of capital, as projects and activities with positive sustainability impacts are often associated with a lower risk profile."