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“The inclusion of green financing dovetails with our strategic transformation and pivot since 2015 to provide innovative engineering solutions to the global offshore & marine and energy industries, with a keen focus on cleaner, greener and renewable energy solutions,” says SembMarine’s group finance director William Goh. “This sustainability-linked financing complements our ongoing efforts to proactively manage the environmental impact of our business,” he adds. “We believe financial institutions have a strategic and pivotal role to play in proactively supporting industries work towards a lower-carbon future. We remain dedicated and committed in helping our clients navigate and structure their sustainability roadmaps – as the journey is different from corporate to corporate, and from industry to industry,” says Dorian Delteil, DBS’s head of oil and gas. “Every transitional step will contribute to making an important difference, and we strive to continue engaging with like-minded clients, such as Sembcorp Marine, in making the shift towards more sustainable operations and working towards achieving a net zero emissions economy,” he adds. Shares in SembMarine and DBS closed flat at 15.4 cents and $27.48 respectively on March 3.
