The Chinachem Group (CCG) has set a bold precedent in sustainable finance with the successful close of its HK$8 billion syndicated loan facility—Asia’s first to integrate green, social, and sustainability-linked components. This landmark transaction was significantly oversubscribed, with backing from 12 leading international, regional, and local banks—underscoring strong investor confidence in CCG’s financial stability and leadership.
This triple-themed loan is more than a financial arrangement; it’s a groundbreaking mechanism combining environmental stewardship, social responsibility, and financial performance into one seamless framework. The green tranche will fund certified green building projects, the social portion supports inclusive initiatives like elderly care, and the sustainability-linked tranche ties CCG’s loan pricing to ambitious environmental and social performance metrics.
The strength of CCG’s balance sheet and its impeccable governance model made this innovation possible. Backed by robust oversight and a well-defined "Chinachem Group Carbon Reduction Roadmap - CCG 3050+," the Group aims to reduce carbon intensity by at least 51.8% from our 2020 baseline. The sustainability-linked element of the facility is pegged to tangible outcomes such as reducing electricity intensity, achieving globally recognised sustainable building certifications, and boosting vocational training opportunities.
“This unsecured facility exemplifies our vision to institutionalise responsible development,” said Peter Brien, Chairman of Chinachem Group Holdings Limited. “It reflects our belief that environmental care, social inclusion, and business success are not just compatible, they’re inseparable.”
The loan was arranged under CCG’s enhanced Sustainable Finance Framework, fully aligned with the Hong Kong Monetary Authority’s Taxonomy for Sustainable Finance, and supported by a second-party opinion from DNV. Its alignment with multiple UN Sustainable Development Goals, from climate action and clean energy, to enhanced elderly care and reduced inequalities, ensures its far-reaching impact.
As the first of its kind in the region, this initiative positions Chinachem Group as a leader in responsible and sustainable real estate development. With this pioneering effort, CCG has created a model for others in the region to follow, hopefully inspiring and delivering a better future for communities and the planet alike.
