NYK has signed two sustainability linked loan (SLL) agreements with Sustainability Linked Loan Principles set forth by the Loan Market Association, says an article published on their website.
Objective of SLL
The objective of the SLL is to promote and support environmentally and socially beneficial economic activities by linking corporate loan terms with a customer’s performance against mutually agreed sustainability performance targets (SPTs) consistent with a customer’s ESG strategy.
To strongly promote ESG management, NYK will promote new value creation as a sustainable solution provider through a business strategy that responds to climate change.
NYK group ESG
NYK on 3rd February announced their ESG story which aims to integrate ESG into the company’s management strategy.
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Source : NYK