Nairobi, Feb. 1 -- East African Breweries Plc (EABL) is integrating International Financial Reporting Standards for Sustainability (IFRS S1 and S2) into its reporting framework as it plans to go to market with a sustainability-linked debt facility in the medium to long-term.

A sustainability-linked bond refers to a debt instrument issued by an organisation with the proceeds dedicated purely to meeting defined green or environmentally friendly objectives that are in line with growing efforts to mitigate the adverse effects of climate change.

IFRS S1 and S2 are financial reporting standards developed by the International Sustainability Standards Board (ISSB), which compel organisations to disclose material sustainability-related risks tha...