Indorama is proud to partner with PT. Bank DBS Indonesia to secure our first-ever USD 20 million Sustainability-Linked Trade Finance (SLTF) facility for PT. Indo-Rama Synthetics Tbk, a publicly listed producer of integrated spun yarns and polyester, and a subsidiary of Indorama Corporation Pte. Ltd., Singapore.
The SLTF is designed to align with our sustainability targets, supporting our efforts to drive ESG improvements. Key performance indicators (KPIs) linked to the facility will focus on i) reducing Scope 1 and Scope 2 GHG emission intensity, ii) lowering energy intensity, and iii) improving water use efficiency. This innovative SLTF facility represents a significant milestone, underscoring our unwavering commitment to integrating sustainability into our operations.