News

Bank DBS Indonesia (DBS), a leading advocate for sustainable finance, has introduced a USD 20 million sustainability-linked trade finance facility (SLTF) for PT. Indo-Rama Synthetics Tbk. This innovative facility marks a significant milestone as the first of its kind for Indorama, reflecting their commitment to embedding sustainability into their operations. The SLTF is designed to align with Indorama’s sustainability targets, supporting their efforts to drive environmental, social, and governance (ESG) improvements. Key performance indicators (KPIs) linked to the facility will focus on i) reducing scope 1 & scope 2 GHG emission intensity, ii) reducing energy intensity and iii) improving water use intensity. Achieving these targets will lead to preferential financing terms, reinforcing Indorama’s commitment to sustainable business practices.