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“This will foster a more sustainable supply chain

Myo Chaw

  • RoleFinancial Manager
  • Business areaTrade
  • OfficeSingapore

You have helped develop a new financial facility. Tell us more!

“Elof Hansson is striving to meet or even surpass our sustainability targets to achieve a positive impact on the environment and society. So, Elof Hansson has taken steps to integrate green financial solutions into the treasury KPIs, by working closely in partnership with HSBC – one of the largest banks in the world – to establish a converted sustainable trade finance instrument. Their expertise in sustainable finance will ensure the success of this initiative.”

What will this mean in practice?

“We can offer customers and suppliers an end-to-end transition to sustainable supply chain solutions. The financial facility is now being put to use to support the procurement of FSC-certified pulp from carefully selected mills. This will be a crucial part of fostering a more sustainable supply chain for the sourcing of forest products for the pulp and paper industry.”

How do you feel personally about this?

“I’m incredibly proud to be a part of this collaboration! It’s exciting to work for a company that is committed to sustainable and responsible practices. Green facilities help to reduce negative impacts on the natural environment. And I know that HSBC is also proud to be working with Elof Hansson.”

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