The USD600 million sukuk will allow Etihad to align with the United Nations Sustainable Development Goals in its carbon reduction targets, by investing in the next generation of fuel-efficient aircraft and developing the use of biofuels.
This is the first sustainability-linked sukuk for the aviation sector, and the first combined use-of-proceeds bond and sustainability-linked bond in any sector. Novel sustainable financing arrangements like these are driving innovation in the technology that will help us transition towards a net zero future. Find out more in this video.