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Standard Chartered Launches Multi-Country Sustainability Trade Finance Facility for Siemens Energy

Summary by INTLBM
Standard Chartered announced the successful launch of the first multi-country sustainability-linked trade finance facility for Siemens Energy, spanning eight markets across the Middle East, Africa, and Pakistan. This initiative ties trade finance to measurable sustainability targets, integrating performance-based incentives related to reducing GHG emissions and total recordable injury rate of the Company. Covering Guarantees and Letters of Credi…
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INTLBM broke the news in on Wednesday, February 19, 2025.
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