Standard Chartered Unveils ESG-Linked Trade Loans
ASUENE Inc.
<All-in-One Decarbonization Solution> Asuene enables companies to measure, reduce and report their GHG emission.
Standard Chartered Unveils ESG-Linked Trade Loans: A Game-Changer for Global Commodity Decarbonization
Standard Chartered has taken a significant step towards promoting sustainability in the commodity sector by introducing an ESG-linked variant of its Borrowing Base Trade Loan (BBTL)
This innovative financial product is set to revolutionize how businesses approach decarbonization and sustainable practices.
Summary
The new sustainable BBTL is a secured revolving credit facility that integrates environmental, social, and governance (ESG) criteria into its financing process
Available in key markets including the US, UK, UAE, South Africa, Singapore, and Hong Kong, this product aims to empower commodity sector clients in their transition to greener business practices
领英推荐
Key Features and Impact
Key Takeaways
Contact Asuene Inc. today to learn more about how we can support your journey toward a sustainable and profitable future.
Article by Euisung Lee, Asuene Global Business team. Asuene Global Business team, the global sustainability intelligence team at Asuene, acts as the guidepost through the evolving landscape of corporate sustainability. The Asuene Global Business team identifies emerging trends and regulations in decarbonization, climate policy, and broader ESG matters. This knowledge is translated into actionable insights through white papers, articles, webinars, and regular updates on our website and social media.
ESG | Asuene, Global BD Lead| ex-Rakuten, Agoda
3 个月Eliseo (Lee) Curcio Thank you. As you mentioned, Financial institutions have a particularly important role to play in ESG, and as one of them, sustainability loans are expanding around the world, which is a good trend. We would like to show our respect to the world's leading financial institutions for their commitment.
This is an inspiring initiative! Combining financial innovation with sustainability is exactly the kind of forward-thinking approach businesses need to align with a greener future. Great work, Standard Chartered, in making ESG goals more achievable!