The performance indicators will help ensure that Wilmar’s operations are socially and environmentally responsible as the group aims to meet global demand for food without causing a drain on the world’s resources.
United Overseas Bank (UOB) has extended a two-year $200 million sustainability-linked loan to leading agribusiness group Wilmar International to support its ongoing efforts to bring about agricultural sustainability in Asia.
The loan was structured by UOB and Wilmar, who identified a list of performance indicators in areas such as corporate governance, carbon emissions, land use and biodiversity, community relations, and supply chain practices.
