Yulon Motor gets NT$1 billion sustainability-linked loan via E.SUN

By Marisa Wong

Los Angeles, Sept. 20 – Yulon Motor obtained a NT$1 billion sustainability-linked loan from E.SUN Bank, according to a press release.

The loan includes key performance indicators related to biodiversity, incentivizing Yulon Motor to restore Taiwan’s native tree species.

Other initiatives linked to the agreement include the reduction of greenhouse gas emission and the share of renewable energy generation.

E.SUN wants Yulon Motor to incorporate both climate action and biodiversity conservation into its sustainable development strategies, according to the release.

E.SUN said it aims to encourage companies to adopt diverse sustainable actions and achieve both net-zero and nature-positive goals by 2050 through climate and biodiversity-linked loans.

Yulon Motor is a Taiwanese automaker.

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