Wilmar International (SG:F34) has released an update.
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Wilmar International secures a second US$100 million Sustainability-Linked Loan from the Bank of East Asia, incentivizing the company’s environmental, social, and governance progress with lower interest margins tied to its sustainability performance. The agreement acknowledges Wilmar’s three-year track record in the Dow Jones Sustainability Indices World Index, marking its leadership in sustainable practices within the agribusiness sector. This strategic move aligns with Wilmar’s commitment to responsible growth and its aim to generate a positive, enduring impact on the environment and society.
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