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Rabobank backs Musim Mas’ first sustainability-linked loan without finalising external verifiers

The palm oil giant says “reputable assessors” will track progress against goals in its US$217 million loan for “transparency and accountability.” Yet only one of two verifiers is confirmed, raising concerns about standard market practices.

rabobank-backs-musim-mas’-first-sustainability-linked-loan-without-finalising-external-verifiers

The palm oil giant says “reputable assessors” will track progress against goals in its US$217 million loan for “transparency and accountability.” Yet only one of two verifiers is confirmed, raising concerns about standard market practices.