Committed to environmentally progressive projects
Vidrala is investing in HSBC UK’s Green Deposits scheme as part of the Spain-based company’s ongoing commitment to support the fight against climate change.
The project will be set up by HSBC UK to use funds from Encirc, the Northern Ireland-based subsidiary of Vidrala.
Following a successful longstanding relationship between Vidrala and HSBC UK, the company will invest an initial sum of £5 million into the HSBC Green Deposits scheme, with the interest being used to finance environmentally progressive projects such as those focused on renewable energy, energy efficiency, pollution control and biodiversity conservation.
The decision to invest in the Green Deposits scheme signals the continued commitment to sustainability by both the Vidrala Group and Encirc.
Fiacre O’Donnell, Director of Sustainability at Vidrala, commented: “We pride ourselves on placing sustainability at the heart of our operations. As a business, we understand that we have a responsibility to invest in a greener future, which is why we are always looking to go the extra mile and find new ways to have a positive impact on the planet.”
