South China Morning Post
AsiaPac · 58 mins ago
✦ 78◉ Centre
Hong Kong’s first biodiversity loan goes to Henderson Land for Central Yards green spaces
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Credibility 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Henderson Land Development received Hong Kong's first biodiversity loan of approximately HK$100 million from HSBC and Hang Seng Bank to fund green space initiatives at its Central Yards development, intended as a model for corporate sustainability financing in the territory.
Hong Kong’s first biodiversity loan goes to Henderson Land for Central Yards green spaces
Henderson Land Development secured the first biodiversity loan in Hong Kong, receiving around HK$100 million (US$12.8 million) from HSBC and Hang Seng Bank for green initiatives at Central Yards, the company’s flagship mixed-use development on the New Central Harbourfront.
This loan would provide a “scalable blueprint” for companies to achieve their sustainability goals and enhance Hong Kong’s position as a leading international sustainable finance centre, according to the two banks.
The...
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