On 23 Feb 2026, Australian Oil and Gas company Ampol Limited will report on whether it has achieved two of its Sustainability Performance targets (SPTs) for its Sustainability-Linked Perpetual (SLP).
Unplanned events affecting Ampol’s Lytton refinery could mean the company is unable to meet its 5% reduction in total emissions intensity SPT, and we rate the SLP likely MISS.
An SPT miss will result in the call price of the SLP increasing by 1%, a miss that the market does not appear to be anticipating.
Based in London, Jo leads AFII’s research and a global team supporting fixed income investors as they align their portfolios with climate and sustainability goals. She joined AFII after 18 years in fixed income markets at JPMorgan.