TMT Newswire > Media OutReach Newswire
ST Telemedia Global Data Centres Enhances Sustainability-Linked Financing Framework with New Targets, Reinforces Commitment to Sustainability

SINGAPORE - Media OutReach Newswire - 5 September 2024 - ST Telemedia Global Data Centres (STT GDC), one of the world's fastest-growing data centre colocation services provider headquartered in Singapore, is pleased to announce the release of its enhanced Sustainability-Linked Financing Framework (SLFF). This update builds on STT GDC's ongoing commitment to achieving carbon-neutral data centre operations by 2030, with more rigorous targets that align its financing strategies with even more impactful sustainability goals.

First introduced in July 2022, the SLFF is a key component of STT GDC's Environmental, Social, and Governance (ESG) strategy. This framework facilitates the structuring of STT GDC's financing, where applicable, in the form of Sustainability-Linked Financing Transactions (SLFTs) including, but not limited to, Sustainability-Linked Bonds (SLBs) including Sustainability-linked Perpetuals (SLPs), and Sustainability-Linked Loans (SLLs). The company successfully issued the first-ever Sustainability-Linked perpetual securities in Asia under this framework in January 2024.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here