Swiss-based chocolate-maker Barry Callebaut increased its credit from €600 million ($671 million) to €750 million ($839 million) and extended the maturity date to 2022.

For the first time in Switzerland, second time in Europe, the interest rate will be coupled with the company’s sustainability performance and rating. The company’s sustainability performance increased from 67 to 72, making Barry Callebaut an outperformer in its industry sector. ING is the sustainability coordinator of the facility, as part of a syndicate of 13 banks.

Victor Balli, CFO of Barry Callebaut, said, “I am pleased to be able to increase and extend our revolving credit facility with our core banks, which is proof of our excellent long-standing relationship. Following the announcement of our ambitious sustainability strategy ‘Forever Chocolate’ last November, I am proud that we are one of the pioneers in the green loan area. Linking the interest rate to our sustainability performance makes perfect business sense for us and the financial industry.”

In November 2016, Barry Callebaut launched its new sustainability strategy “Forever Chocolate,” targeting 100% sustainable chocolate by 2025. In order to make sustainable chocolate the norm, “Forever Chocolate” includes four targets that the company expects to achieve by 2025 and that address the biggest sustainability challenges in the chocolate supply chain: child labor, farmer poverty, its carbon and forest footprint and sustainable sourcing.