Could going green have kept Noble in the black? It’s working for Olam

As the trader’s peer Olam enjoys the financial benefits of promoting its ESG credentials, Noble’s slide into insolvency edges closer.

By Daniel Flatt

Mar 28, 2018

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Okay, this article isn’t really going to attempt to convince you that Noble Group’s well-publicised troubles could all have blown away just by being a little more environmentally friendly, but treasurers should take note of an announcement from Olam – a rival, of sorts, to Noble – which said this week it had locked in a unique $500 million club loan facility tied to being a little greener.

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