Reported 7 months ago
In an effort toward sustainable development, Wan Hai Shipping and Mega Bank have successfully signed a 11 billion NTD ESG sustainable linked loan. The funds will mainly be used for constructing the fifth container terminal and yard at Kaohsiung Port, expected to be completed by 2026 with an operational capacity of 2 million TEU. This loan features ESG indicators and reflects the banking consortium's trust and support for Wan Hai's sustainable development vision. Wan Hai has been focusing on upgrading hardware equipment, introducing energy-efficient ships, and reducing carbon emissions, achieving notable success in various sustainability rankings and significantly decreasing carbon intensity compared to 2008 levels.
Source: YAHOO