As part of Orbia’s comprehensive decarbonization plan, the company is committed to the United Nations Global Compact, the Science-Based Targets initiative (SBTi). In Mexico, Orbia enjoys the distinction of being one of 34 select companies of more than 6,000 worldwide with such a commitment.

Tania Rabasa Kovacs, Orbia Vice President of Sustainability and Corporate Affairs, represented Orbia at the Mexico Business Meeting for Sustainability held on August 29-30 in Mexico City, sponsored by the United Nations Global Compact Mexico. Rabasa Kovacs participated in a symbolic signing ceremony as an expression of Orbia’s continued adherence to the Science-Based Targets initiative (SBTi). Orbia was one of the 12 companies in Mexico that committed this year to decarbonizing operations to mitigate climate impacts and joins the 34 companies in Mexico that have aligned their operations to SBTi guidance.

Orbia Advance Corporation, S.A.B. de C.V. (“ORBIA”) (BMV: ORBIA*), announces that it has successfully completed the first reopenings of its first and second notes issuances, for a total amount of $10,000,000,000.00 (ten billion Pesos 00/100), in the Mexican market, under the revolving short and long-term shelf registration program (the “Program”), authorized for Orbia by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores or CNBV) on November 15, 2022, and subsequently extended and authorized to a total aggregate amount of $20,000,000,000.00 (twenty billion Pesos 00/100) on August 8, 2023. The reopening of the first issuance was for an amount of $2,100,000,000.00 (two billion one hundred million Pesos 00/100), due on December 4, 2025, accruing interest at a variable rate of 28-day TIIE (interbank rate) + 40 basis points, and the reopening of the second issuance was for an amount of $7,900,000,000.00 (seven billion nine hundred million Pesos 00/100), due on November 25, 2032, accruing interest at a fixed annual rate of 10.63% (ten point sixty three percent). Both issuances feature a “sustainability-linked bond” element.

Jim Kelly, Orbia Chief Financial Officer, was featured in Forbes Mexico as one of the top 20 CFOs of 2023. Reflective of the changing role of the CFO during the past several years amidst the global COVID-19 pandemic, the war in Ukraine and soaring inflation and supply constraints, the 2023 ranking profiled finance executives steering digital transformation, new business models and sustainable value creation. The annual Forbes Mexico CFO ranking index uses a proprietary methodology based on nine indicators of financial performance, gathered from the S&P Capital IQ database of the Mexican Stock Exchange. Kelly ranked as #12 on the top 20 list.

Netafim, an Orbia business and a global leader in precision agriculture solutions, today signed a Memorandum of Understanding (MOU) with UAE-based E20 Investment to pave the way for a future joint venture. This partnership aims to drive sustainable agriculture practices and advance precision irrigation solutions both in the UAE and globally that address food security challenges.

Orbia Advance Corporation, S.A.B. de C.V. today released unaudited results for the second quarter of 2023.

Nasdaq, an American multinational financial services corporation, has highlighted Orbia as one of its ESG Trendsetters.

The event was hosted by Sameer Bharadwaj (Chief Executive Officer) and Jim Kelly (Chief Financial Officer). Bharadwaj and Kelly presented an overview of business results, financial milestones and progress made on the company’s strategy, followed by an interactive Q&A segment with investors and analysts.

Orbia, a United Nations (UN) Global Compact company committed to developing sustainable solutions, its Building and Infrastructure business Wavin and its Precision Agriculture business Netafim were accredited delegates to the UN 2023 Water Conference hosted in New York City from March 22-24, 2023. Company leaders steered events, panels and contributed to discussions around uniting the world for water: a theme of relevance with today’s compounding access issues.

Orbia’s Building and Infrastructure business Wavin, a global water technology leader, is an accredited delegate to the United Nations (UN) 2023 Water Conference kicking off today. Co-hosted by the governments of the Netherlands and Tajikistan, the conference’s purpose is to accelerate universal access to clean drinking water and safe sanitation, including the goals contained in the 2030 Agenda for Sustainable Development.

Netafim, an Orbia business and a global leader in precision agriculture solutions, announced today the opening of its first manufacturing plant in North Africa to enhance the successful implementation of precision irrigation in Morocco and strengthen the country’s agricultural sector. Investment in this plant illustrates the company’s long-standing commitment to helping countries in the region achieve food security and combat climate change.

Orbia today announced that through its corporate venture capital fund Orbia Ventures, it joined a $3.5m investment round in Chloris Geospatial. The round also includes AXA IM Alts, At One Ventures, and Counteract. Chloris is a leading technology company that blends cutting-edge remote-sensing, machine-learning and ecological science to measure natural capital from space.

North American lithium-ion battery supply chain boosted through localization of lithium hexafluorophosphate (LiPF6) production.

Orbia is proud to announce that the Science Based Targets initiative (SBTi), a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), has approved its near-term scope 1, 2 and 3 emissions reduction targets as being in conformance with the latest SBTi Criteria and Recommendations (version 5) for climate actions to mitigate the impacts of global warming.

Last week, the results of the annual S&P Dow Jones Sustainability Indices assessments (“S&P DJSI”) were announced. For the fourth year in a row, Orbia was listed on the DJSI MILA Pacific Alliance Index, with a year-over-year score increase of 6%.

Orbia’s Building and Infrastructure business Wavin is launching a bio-based drinking water solutions portfolio to offer water utilities and infrastructure contractors a next-generation sustainable product range. The first biobased product portfolio will be available in the Netherlands from December 12 onward.

Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA*), announces that it has successfully completed the first and second offering of short and long-term notes (certificados bursátiles), for a total amount of $10,000,000,000 pesos in the Mexican market, with a “sustainability-linked bond” feature. Such offerings were made under the revolving short and long-term shelf registration program implemented by Orbia and authorized by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores or CNBV) on November 16, 2022. The first issuance was for an amount of $2,340,000,000.00 (two thousand three hundred and forty million Pesos 00/100 M.N.), due on December 4, 2025, accruing interest at a variable rate of 28-day TIIE (interbank rate) + 40 basis points, and the second issuance was for an amount of $7,660,000,000.00 (seven thousand six hundred and sixty million Pesos 00/100 M.N.), due on November 25, 2032, accruing interest at a fixed annual rate of 10.63%.