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.

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.

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