While the US$150 million loan, backed by DBS and Rabobank, targets reducing water and coal use, the “forest-risk” firm still lacks commitments to end deforestation and human rights abuses across its supply chains, say environmental groups.
The fast fashion giant’s recent efforts to boost its green credentials, including in making new sustainability hires, could be linked to its ambitions to go public, say experts.
Spun off from the Singapore central bank, Gprnt offers small and medium-sized firms a free tool that automatically converts utilities data into basic climate metrics. Backed by Ant International and MUFG, the platform aims to scale in Asia.