Olam International’s ERP shake up
Jan 13, 2014
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.
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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