KUALA LUMPUR, Oct 14 (Bernama) — SMBC Malaysia (“SMBCMY”) has granted a JPY900 million Environment Assessment Loan (“eco-loan”) facility to Intercontinental Specialty Fats Sdn Bhd (“ISF”), a manufacturer of premium grade specialty fats & oils with a strong focus in the chocolate and chocolate confectionery segments.
Eco-loans are offered to corporations that have incorporated sustainable practises into its eco-management framework. After assessment by an external auditor, successful corporations will be given a rating. ISF had obtained a Gold+ rating which indicates that it proactively implements environmental and sustainable initiatives based on company-wide environmental management and has a basic understanding of environmental and sustainable issues in relation to its business.