CIMB Bank Bhd has onboarded Japanese food manufacturer Intercontinental Specialty Fats Sdn Bhd (ISF) as the latest client in its Sustainability-Linked Treasury Programme. ISF is the first foreign multinational corporation participant in the programme. Under the programme, ISF will receive a rebate linked to the achievement of pre-agreed Sustainability Performance Targets (SPT), which are unique to each client's business profile and sustainability goals and are subject to stringent third-party verification.

Source: The Sun Daily