August 02, 2023

Kestrel Supports Inaugural Issuance of Certified Climate Bonds for the Steel Industry

Hybar, LLC (“Hybar”) is constructing a recycled steel manufacturing facility in Osceola, Arkansas that is designed to achieve ResponsibleSteel™ certification and be LEED Certified once operational. The Project advances decarbonization goals in the steel industry by increasing use of recycled steel and reducing the need for energy-intensive primary steel production. Kestrel provided a Verifier’s Report on the Climate Bonds, which align with the Steel Sector Criteria under the Climate Bond Standard and the Pollution and Prevention Control and Circular Economy project categories under the Green Bond Principles.

View press release on CBI website