By Eva Richardson – The Logistic News
March 21, 2025 – Kerry Logistics Network Limited (KLN) has been awarded the Best Sustainability-Linked Loan – Logistics at The Asset Triple A Sustainable Finance Awards 2025, recognizing its commitment to environmental, social, and governance (ESG) initiatives.
The accolade was granted for KLN’s HK$1 billion syndicated Sustainability-Linked & Social Term Loan Facility, a five-year financing deal signed in 2024, led exclusively by MUFG Bank Ltd. This groundbreaking ESG-linked syndicated loan structure is the first of its kind in the Asia-Pacific region, reinforcing KLN’s leadership in sustainable logistics financing.
Commitment to ESG and Social Investment
Under the terms of the sustainability-linked loan, KLN is set to invest in social initiatives across Hong Kong and Mainland China. This includes funding projects that improve access to employment, essential services, and affordable basic infrastructure, supporting long-term community and social development.
The recognition at The Asset Triple A Sustainable Finance Awards further cements KLN’s position as a pioneer in ESG-focused financial strategies within the logistics industry.
KLN’s Dedication to Sustainable Growth
Ellis Cheng, Executive Director, Chief Financial Officer, and Chairman of KLN’s Sustainability Committee, expressed the company’s pride in receiving this distinguished recognition:
“We are delighted to win this accolade, which acknowledges both KLN’s unwavering commitment to sustainability and the innovative ESG structure of our loan facility.
“Sustainability has always been a core element of KLN’s corporate strategy and long-term vision. We recognize the lasting benefits that sustainable operations bring to the environment, businesses, and society.
“With operations spanning six continents, we take pride in creating meaningful, positive impacts in the communities where we operate.
“Moving forward, we will continue to develop scalable sustainable logistics solutions, setting new industry standards for ESG excellence within the third-party logistics (3PL) sector in Asia Pacific.”
Setting a New Benchmark for Green Finance in Logistics
KLN’s sustainability-linked loan is part of a broader movement toward greener finance in global supply chains. By integrating ESG principles into financial decision-making, logistics companies are increasingly aligning their growth strategies with environmental and social responsibility goals.
This milestone achievement by Kerry Logistics not only strengthens its leadership in the sustainable finance sector but also encourages further adoption of ESG-linked financing solutions within the logistics and transportation industries.
For the latest updates on sustainability in logistics, green financing, and ESG-driven investments, stay connected with The Logistic News.
Eva Richardson
Senior Journalist, The Logistic News
