The $30m investment through a sustainable-linked loan (SLL) is aiming to help improve Q Collection's manufacturing operations in Bangladesh around climate and social sustainability.
The Singapore-based firm aims to make it easier for corporates to report on ESG by leveraging ESGpedia, a registry of related data and certification, developed in partnership with MAS.
The new USD and CNH-denominated funds will be used to refinance maturing loans and for general corporate purposes, as the company looks to create a liquidity buffer for potential price volatility.
When it comes to Environmental, Social and Governance (ESG) financing, it's all about tilting at windmills. DBS, with a EUR500 million facility, is the latest to lead the charge
A battle over the soul of supply chain finance is raging as fintechs slam banks as outdated, banks accuse fintechs of being lightweights and the rating agencies who insist that trade credit is not debt