Olam’s $500 million club loan shows bankers will back sustainable agriculture

  • The incentives... The banks will cut Olam’s interest rate if the food supplier hits dozens of ESG targets, as measured by Sustainalytics.
  • Major banks crowded in... The 15 major Asian and European banks, led by BNP Paribas and ING Bank pooled their equal shares.
  • Putting a price on sustainable improvements… Loans like Olam’s show major banks are setting a price for environmental and social performance improvements.