Wilmar International (SG:F34) has released an update.
Wilmar International has obtained a US$100 million sustainability-linked loan from Maybank, incentivized by reduced interest rates tied to the achievement of specific ESG (Environmental, Social, and Governance) goals. This loan highlights Wilmar’s ongoing commitment to sustainability, as evidenced by its three-year consecutive inclusion in the Dow Jones Sustainability Indices (DJSI) World Index. Maybank’s move aligns with a growing trend towards sustainability-linked financial instruments in Southeast Asia.
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