ARAUCO continues to consolidate its path towards a sustainable future by reporting compliance with the social and environmental impact projects associated with the issuance of 12 million UF in sustainable bonds.

This figure, which is equivalent to approximately USD 500 million, represents the total funds raised through the issuance of sustainable bonds carried out in 2023.

Among the initiatives reported in May and June of this year were those related to land use and forest management, water management programs, emissions, waste, and access to basic services.

Among the projects that were financed, which are rated as sustainable, are some related to sustainable land use and forest management, water management programs, emissions, waste, and access to basic services, such as health programs, potable water, transportation, education and employment, among others. These projects obtained a “VERY GOOD” rating in sustainability quality score from Moody’s agency.

Gianfranco Truffello, ARAUCO’s Corporate Finance Manager, noted that “this is a very important milestone that reasserts our commitment to sustainability”. He added that this type of investment allows ARAUCO to continue generating value for its stakeholders, while at the same time contributing to environmental protection and community development.

The company has forestry assets in Chile, Argentina, Brazil, and Uruguay under Responsible Forest Management practices. In addition, its production processes are certified by the most demanding environmental, social and economic standards worldwide and every year it plants millions of trees, which, due to their natural capacity to absorb carbon dioxide and transform it into oxygen, become important allies in the mitigation of climate change. An example of this is that in 2023, 132 million trees were planted in Chile, Argentina, Brazil, and Uruguay.

Additionally, throughout its history, ARAUCO has developed social projects to improve access to a vital element such as water. Such is the case with the “Desafío Agua” management strategy developed in Chile more than a decade ago, which involves collaborative work with the community and authorities. Thus, we have been able to support more than 51,000 people through 116 Rural Drinking Water Projects (RDWP), in 42 communes, by providing studies, engineering, and even surface area for the development of small and large works, through public-private collaboration. In addition, work is being done to generate methods to measure the parameters of the water flowing in the forest basins in the vicinity of the catchments of our neighbors.