DBS can promote sustainable development through such loans by pegging the interest rate of a credit facility to a series of environmental, social and governance (ESG) performance metrics. If pre-determined targets are achieved, the interest of the loan will be reduced. DBS has collaborated on such loans with organisations such as:
DBS Bank entered into its first ESG-linked loan agreement with CR Micro. It is the second ESG-linked loan between DBS and China Resources Group, the holding company of CR Micro.
DBS announced its first-ever sustainability-linked purchase invoice financing (“PIF”) agreement with CITIC Metal (HK) Limited in support of its sustainability roadmap.
Haier signed its first USD 400 million 1-year ESG-linked term loan with DBS to promote sustainable development and a greener future.
Fortune REIT entered its first sustainability-linked swap with DBS and partnered with a social enterprise - Rooftop Republic to launch Farm@Fortune.
Kwoon Chung Bus
DBS signed the first sustainability-linked loan with Kwoon Chung Bus. This HKD 348 million 3-year loan reflects the ongoing commitment from both parties to advance Hong Kong’s green agenda.
Prosperity REIT has secured its maiden five-year HKD 800 million sustainability-linked term loan with DBS for refinancing and general corporate funding purposes.
DBS signed an agreement concerning cross-currency swap transaction with Champion Real Estate Investment Trust. The sustainability-linked swap reinforces our mutual commitment to giving back to the community.
DBS Hong Kong scores a win with Champion REIT as the sole sustainability advisor for its first 5-year HKD 3 billion unsecured sustainability-linked term and revolving credit facilities.
Sunlight Real Estate Investment Trust
Sunlight Real Estate Investment Trust has secured a HKD 500 million sustainability-linked loan from DBS and Henderson Sunlight Asset Management Limited.
Hang Lung Properties
Hang Lung Properties has secured a five-year sustainability-linked revolving credit facility of HKD 1 billion from DBS Hong Kong.
DBS finances the first-of-its-kind SDG Innovation Loan to accelerate innovative solutions to promote the UN SDGs.
Louis Dreyfus Company (LDC)
DBS is the first Asian bank to be appointed as a co-sustainability coordinator for LDC’s first sustainability-linked syndicated loan in Asia. This is a three-year USD 650 million revolving credit facility where the interest rate will be linked to LDC’s performance in meeting reduction targets in CO2 emissions, electricity and energy consumption, water usage, and solid waste sent to landfills.
Sumatera Timberindo Industry
First of its kind export-financing sustainability-linked loan in Indonesia. DBS evaluated the loan based on a target to obtain timber and raw materials from sources certified by the Forest Stewardship Council (FSC).
This is the first ESG-linked loan for an SME in Singapore. Chew’s will enjoy lower interest rates if it meets Humane Farm Animal Care (HFAC) standards at the new farm with larger cage-free facilities.
This is a three-year, NTD 2 billion sustainability-linked loan with AU Optronics, marking a milestone as it is the first sustainability-linked loan in Taiwan and the first of its kind for an IT company in Asia Pacific.
This is a two-year sustainability-linked USD 100 million revolving credit facility.
This is three-year sustainability-linked USD 500 million revolving credit facility, and Asia’s first sustainability-linked club loan.