HSBC launches new loan programme to enhance business ESG performance

The firms’ sustainability performance will be evaluated through Ecovadis.

HSBC has introduced a loan programme to help businesses improve their sustainability performance.

The Sustainability Improvement Loan is structured by linking the interest margin to the sustainability assessments and ratings provided by EcoVadis.

The program will incentivize businesses to improve their sustainability performance, evaluated across four key areas: environment, labor and human rights, ethics, and sustainable procurement.

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