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COSCO seals China’s first ESG-linked shipping loan
COSCO seals China’s first ESG-linked shipping loan
COSCO Shipping Energy Transportation (CSET), the oil and gas shipping unit of COSCO Shipping Group, has signed up for the first syndicated shipping loan in China linked to environmental, social, and corporate governance performance. The CNY1.5bn ($206m) three-year loan was agreed with the Bank of China’s Shanghai Branch and COSCO Shipping Financial Co. The deal …
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COSCO Shipping Energy Transportation (CSET), the oil and gas shipping unit of COSCO Shipping Group, has signed up for the first syndicated shipping loan in China linked to environmental, social, and corporate governance performance. The CNY1.5bn ($206m) three-year loan was agreed with the Bank of China’s Shanghai Branch and COSCO Shipping Financial Co. The deal …
[post_title] => COSCO seals China’s first ESG-linked shipping loan
[post_excerpt] => COSCO Shipping Energy Transportation (CSET), the oil and gas shipping unit of COSCO Shipping Group, has signed up for the first syndicated shipping loan in China linked to environmental, social, and corporate governance performance. The CNY1.5bn ($206m...
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