“We have extended our ESG management to our financing strategy by receiving the sustainability-linked loan from DBS,” says Yoon Poong-young, chief financial officer of SKT. “We will do our best to create a virtuous cycle where proactive ESG-related efforts are translated into greater enterprise value.”
To date, SKT has been focusing on creating social value through efforts to reduce greenhouse gas emissions.
“We believe financial institutions have a critical role to play in proactively supporting corporates and industries transition towards a future that is sustainable for the environment and society. As a purpose-driven bank, we remain dedicated and committed to helping clients with a common vision to navigate and structure their sustainability roadmaps and achieve their ambitions. We look forward to supporting SKT in their sustainability transition and achieving a net zero emissions economy together,” says Tan Su Shan, group head of institutional banking at DBS.