Epic Group (Hong Kong) has received Hong Kong’s first sustainability-linked trade financing.
“This facility will propel us even further to enhance our relentless aspiration mission of achieving sustainability leadership and making the world a better place,” said Ranjan Mahtani, Founder and Group Chairman of Epic Group.
The proceeds, provided by HSBC, will support Epic Group’s working capital and trade cycle, with pricing tied to its performance in greenhouse gas emissions intensity, freshwater use intensity, as well as Higg Facility Environmental Module – a system commonly used by leading garment brands to review suppliers’ sustainable capacity.
