Provided US$273 million in green auto loans
Financed US$3.3 billion of green and affordable mortgages
Hong Leong Bank (HLB) has launched its inaugural Sustainable Finance Framework (SFF) on October 29, 2024, coinciding with World Sustainability Day. The framework outlines the bank’s plan to mobilise US$4.5 billion (RM20 billion) over the next five years to support various Green Projects, marking a significant step in HLB’s sustainability journey.
The SFF is designed to finance projects that contribute to a sustainable future, aligning with HLB’s broader sustainability objectives. The framework will focus on funding initiatives in several key areas, namely renewable energy, energy efficiency, green building, affordable housing, clean transportation and logistics, and waste management.
Kevin Lam, group nanaging director and CEO of HLB (pic), emphasised the importance of sustainability in the bank’s strategy:
Hong Leong Bank unveils sustainable finance framework with US$4.5 billion commitment
