tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TOMRA Systems ASA Enhances Sustainability with Updated Green Financing Framework

Story Highlights
  • TOMRA Systems ASA updates its Green Financing Framework, receiving a top rating from S&P Global.
  • The framework supports TOMRA’s sustainability strategy, focusing on circular economy, renewable energy, and clean transportation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TOMRA Systems ASA Enhances Sustainability with Updated Green Financing Framework

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Tomra Systems ASA ( (GB:0KV7) ) just unveiled an announcement.

TOMRA Systems ASA has updated its Green Financing Framework, receiving a ‘Dark Green’ Second Party Opinion from S&P Global Ratings, which aligns its sustainability ambitions with its financing. This updated framework, replacing the previous one from October 2022, supports TOMRA’s strategy to enhance the positive environmental impact of its products and minimize negative effects, focusing on circular economy products, renewable energy, and clean transportation. The high rating reaffirms TOMRA’s commitment to environmental standards, potentially strengthening its market position and stakeholder confidence.

The most recent analyst rating on (GB:0KV7) stock is a Hold with a NOK155.00 price target. To see the full list of analyst forecasts on Tomra Systems ASA stock, see the GB:0KV7 Stock Forecast page.

More about Tomra Systems ASA

TOMRA Systems ASA is a company that develops solutions for circular economies and resource productivity through automated identification, collection, grading, and sorting of resources. The company aims to optimize resource use and turn waste into valuable resources, with a vision to lead the resource revolution and enable a world without waste. TOMRA has approximately 113,700 installations in over 100 markets worldwide, with total revenues of EUR 1,348 million in 2024 and a workforce of 5,300 people globally. It is publicly listed on the Oslo Stock Exchange.

Average Trading Volume: 356,550

Current Market Cap: NOK43.74B

For detailed information about 0KV7 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1