Which KPIs will HSH Financial Services target under the facility?

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HSH Financial Services' Key Performance Indicators for Sustainability-Linked Facility

HSH Financial Services will target a reduction in carbon intensity and energy intensity, an increase in its waste diversion rate, and an increase in the number of hotels obtaining sustainability certification from EarthCheck under the new HK$800 million sustainability-linked revolving credit facility. This facility, a three-year agreement with DBS Hong Kong, is DBS Hong Kong's first bilateral sustainability-linked loan with HSH Financial Services.
Reduction in Environmental Intensity

The facility's Key Performance Indicators (KPIs) specifically include measurable targets for reducing the company's environmental footprint. This encompasses both a reduction in carbon intensity, which relates to greenhouse gas emissions per unit of economic activity, and energy intensity, meaning less energy consumed per unit of output or service.
Enhancing Waste Diversion

A further objective outlined within the KPIs is to improve the rate at which waste is diverted from landfills. This typically involves increasing recycling, composting, or other forms of waste reuse and recovery, thereby minimising the amount of material sent for disposal.
Increasing Sustainability Certifications

The agreement also sets a target to increase the number of hotels within HSH Financial Services' portfolio that achieve sustainability certification. The specific certification body mentioned is EarthCheck, a global environmental benchmarking and certification group for the travel and tourism industry.

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Which KPIs will HSH Financial Services target under the facility?

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