“Olam, Deutsche Bank close Asia’s first sustainability-linked derivative” – The Straights Times – June 27, 2020

On June 27, 2020 The Straights Times reported that “(a)gri-business group Olam International and Deutsche Bank have executed Asia’s first foreign exchange (FX) derivative linked to key environmental, social and governance (ESG) standards.

The ESG-linked FX (Thai baht/US dollar) forward enables Olam to lock in a discount when it meets pre-defined ESG targets that support the United Nations (UN) Sustainable Development Goals, said Olam and Deutsche Bank yesterday.

These goals include alleviating poverty and hunger, boosting gender equality and improving access to clean water and sanitation.”

You may read the article on The Straights Times internet site.