The bank's partnership with ESGpedia is extending corporate sustainability-linked loan financing to SMEs which are purchasing or refinancing a property.
The sustainability linked financing covers greenfield and operational assets across Australia, Hong Kong, Malaysia and Singapore, and involved a consortium of 60 banks. The financing comes after Blackstone and CPPIB's acquisition of the group last year.
As the environmental conversation shifts from carbon to natural capital, corporate treasurers are finding themselves on the frontlines. A new Singapore-led white paper outlines why nature-related risk may be the next big exposure to hit balance sheets.
Balancing core financial performance and meeting ESG regulatory standards is becoming a fine line for corporates to walk, according to senior executives at Towngas and Kerry Logistics Network.
As the HKEX steps up climate reporting disclosures, there is insufficient reporting on Scope 3 emissions, carbon reduction targets and transition plans, according to research; a lack of resources in one of the key hurdles.
The five-year loan is the first SLL in Hong Kong’s public transportation sector with Science Based Targets initiative approved decarbonisation targets.