DKSH has converted an existing CHF 150 million revolving credit facility into a sustainability-linked RCF. The conversion of this loan was signed by a syndicate of six banks, with the Australia and New Zealand Banking Group Limited acting as the Sustainability Coordinator. This sustainability-linked RCF is linked to its social and environmental commitments - to increase gender diversity in its senior leadership team positions, and to become climate neutral (Scope 1+2) by 2030.

Achieving the agreed-upon targets would result in lower borrowing rates for DKSH, whereas failure to reach the targets would equally entail higher borrowing rates. The sustainability-linked RCF includes an accordion feature which provides flexibility to increase the size of the RCF by up to CHF 150 million through existing lenders, or through the additional facility commitments by any existing lender, and/or the introduction of new lenders. Earlier in May this year, DKSH signed a sustainability-linked loan for CHF 315 million, linked to the same key performance indicators.