LIDL Project

It consists of the issue of 2.5 million euros in five-year corporate bonds, in a private debt offering fully underwritten by the CaixaBI and listed on the Euronext Access Lisbon. Other project partners include Aga Khan Network for Development in the area of reception of people/refugees as well as the KPMG which provided a "Limited Assurance Report" on the Social Bond Framework. The aim is to finance affordable housing for the company's employees, especially those in vulnerable situations, young people in their first job or people who have returned to Portugal. The funds were invested in the purchase, rehabilitation and adaptation of housing in Golegã and the surrounding region, ensuring decent and affordable housing. By January 2025, the planned 2.5 million euros had been invested, enabling the purchase of 32 homes, 24 of which have been rehabilitated and 19 of which have already been occupied, benefiting 81 people.