pdf-articles Ratings /ratings/en/research/pdf-articles/250519-second-party-opinion-companhia-brasileira-de-aluminio-s-sustainability-linked-financing-framework-101624859 content esgSubNav

Second Party Opinion: Companhia Brasileira de Aluminio's Sustainability-Linked Financing Framework

S&P Global Ratings assesses Companhia Brasileira de Aluminio's Sustainability-Linked Financing Framework as aligned with Sustainability-Linked Bond Principles, ICMA, 2024, and Sustainability-Linked Loan Principles, LMA/LSTA/APLMA, 2025. CBA is a Brazilian aluminum producer headquartered in São Paulo. It is the only fully integrated aluminum producer in Brazil, operating in bauxite mining, alumina refining, primary aluminum smelting, and the manufacturing of various aluminum products.

Download