UOB adopts the Equator Principles to refine sustainability strategy
UOB has been approved to join the Equator Principles Association and has adopted the Equator Principles (EPs), a set of international standards to assess environmental and social risk projects, according to a press release.
UOB said that it is committed to the implementation of the EPs in its environmental and social policies, procedures, and standards for financing projects.
“As an [Equator Principles Financial Institution], we will ensure that rigorous environmental and social standards are applied in the projects we support, from the project development stage through to follow-up monitoring,” said Eric Lim, chief sustainability officer, UOB.
Read the full article at: sbr.com.sg
