Kerry Logistics Network Limited has announced that it has recently received the Best Sustainability-Linked Loan – Logistics accolade at The Asset Triple A Sustainable Finance Awards 2025 (the ‘Awards’), recognised for the five-year HK$1 billion syndicated Sustainability-linked & Social Term Loan Facility (‘Facility’) it signed in 2024 with a syndicate solely led by MUFG Bank Ltd.
A first-of-its-kind ESG-linked syndicated loan structure in the Asia Pacific, the oversubscribed transaction validated KLN’s leading position in the logistics sector and commitment to Environment, Social and Governance (‘ESG’). KLN is to invest in social initiatives across Hong Kong and the Mainland of China, in addition to social projects providing access to employment, essential services and affordable basic infrastructure, under the terms of the Facility. The Awards’ recognition is a testament to the pioneering nature of the Facility, as well as KLN’s diligence as a socially responsible corporate citizen.
“We are delighted to win this accolade, which is an acknowledgement of both KLN’s commitment to sustainability and the bespoke ESG structure of the Facility. Sustainability has always been central to KLN’s corporate strategy and long-term development, given the significant and lasting benefits sustainable operation can create for the environment, people and society. With a network spanning six continents, we take pride in generating positive impacts in the communities in which we operate. Going forward, we will continue to deliver scalable sustainable logistics solutions and set new standards of sustainability within the third-party logistics sector in Asia Pacific.”
Ellis Cheng, Executive Director, Chief Financial Officer and Chairman of the Sustainability Committee of KLN
Inaugurated in 2024 by financial media platform The Asset by integrating The Asset Triple A Country Awards for Sustainable Finance and The Asset Triple A Sustainable Capital Markets Awards, The Asset Triple A Sustainable Finance Awards aim to highlight the trailblazing corporations and institutions, the best deals, and the individuals who are making a difference. Kerry Logistics Sustainability-Linked Loan has been recognized under these awards, further reinforcing its commitment to ESG initiatives and sustainable finance within the logistics sector.