Sustainability

Sharon Wang, senior director, head of group treasury & project finance at CLP Group, shared her views with CT on AI, inflation and transition finance.

The Singapore-based real estate company is refinancing term loans into sustainability-linked structures, according to its annual report.

The bank's partnership with ESGpedia is extending corporate sustainability-linked loan financing to SMEs which are purchasing or refinancing a property.

In Apac, 78% of companies have emissions-reduction initiatives in place, however the financing gap is wide, with only 8% of companies aligning capital expenditure with transition strategies, according to data from corporates.

The five-year multi-currency loan includes KPIs to track sustainable tenant engagement and renewable energy generation.

Contact’s chief financial officer Matt Forbes described the move as a "milestone" in the firm's sustainability strategy.

Singapore and South Korea have signed a Green and Digital Shipping Corridor agreement aimed at supporting the maritime sector’s move toward lower-emission fuels and digitalised operations.

An AIIB led consortium has pledged $6 billion to finance green and tech enabled infrastructure across Southeast Asia.

Proceeds from the three-year notes will be mostly used to refinance maturing debentures.

Under MAS' FAST-P initiative, the aim is to build eight solar facilities and generate enough electricity to save 630,000 tonnes of CO2 emissions.

The $110m facility for the Singapore PE firm is aimed at providing finance to firms who can provide sustainable performance targets, in addition to agriculture, healthcare, education and financial services.

China's State Power Group is aiming to use the revolving loan to increase clean energy supply capacity to countries and regions across the Belt and Road initiative.