, Singapore
180 views
Photo by Towfiqu Barbhuiya via Unsplash.

OCBC extends S$16m green-linked loan to textile and apparel company Ghim Li

The loan was made through the ESGpedia platform.

OCBC has awarded a S$16m sustainability linked loan (SLL) to Ghim Li, a global textile and apparel manufacturer, through the ESGpedia platform.

The ESGpedia platform was developed by STACS, an Asia-based environmental, social, and governance (ESG) data and technology solutions company.

The process involves digital collection of data on ESGpedia via the ESBN Asia-Pacific Green Deal digital assessment. This is then independently verified by global leader in testing, inspection and certification services, Bureau Veritas (an ESGpedia marketplace partner).

ALSO READ: OCBC rolls out generative AI chatbot for employees, amongst world’s first

With this, businesses and small and medium-sized enterprises (SMEs) can leverage digitalisation to get started on their sustainability journeys. It is also easier for banks to extend SLLs to businesses more efficiently. 

The loan adds to OCBC’s sustainable financing portfolio, which stood at S$47.4b as at 30 June 2023. 

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!