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DBS Hong Kong issues Green Finance Undertaking for Henderson Land development

The DBS Bank in Hong Kong has announced its issuance of first Green Finance Undertaking for Henderson land development company limited of HK$1.17 billion.

The land owned by Henderson is one of the leading property groups in Hong Kong which places sustainability at the core of its business and business operations.

The Green development project would require to obtain a Gold rating under the Beam Plus New Building, to satisfy the requirements of the green finance undertakings.

The Managing Director and Head of Institutional Banking Group of DBS Hong Kong, Alex Cheung, said:

“As a purpose-driven bank, DBS has firm commitment in promoting sustainable financing to enable long-term value for our customers.”

He also added that the company is proud to partner with Henderson Land Group, supporting its ongoing sustainability journey and to create positive environmental impact for our community.”

The Executive Director and Chief Financial Officer of Henderson Land Development Company Limited, Andrew Fung Hau Chung, said:

“Upholding our long-standing commitment to sustainability, we are dedicated to building a more prosperous and sustainable society. The green development project in Kai Tak blazes a new trail for smart buildings by redefining how we inhabit and conserve our earth, and we are delighted to have received the green finance undertakings provided by DBS.”

About DBS

DBS is one of the leading financial services group in Asia with its presence in 18 markets. The company is headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s AA- and Aa1 credit ratings are among the highest in the world.

About Henderson Land Group

The company which was Founded in 1976 and listed in Hong Kong since 1981, Henderson Land Development Company Limited is one of the leading property group with a focus on Hong Kong and mainland China. The company’s core business comprises property investment and property development

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