TJTB LLC issued the "GRB" green bond on October 25, 2024, and raised $15,000,000 in funds. According to the action plan outlined in the bond's presentation, they have submitted a report stating that $11,000,000 was spent on the purchase of equipment and spare parts, and $2,000,000 was allocated for financing working capital to procure raw materials.
Additionally, the report includes the following qualitative and quantitative indicators in accordance with Mongolia's "Green Taxonomy" and various international green bond standards and criteria:
- Amount of recycled water, plastic beverage containers (in tons)
- Water saved (in tons)
- Land area protected from pollution (in hectares)
- Emissions of carbon dioxide prevented
For the detailed report, click here.
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