Standard Chartered and COFCO International have finalized a $435 million sustainability-linked revolving credit facility supporting responsible agriculture supply chains in South America. The deal is described as the first publicly disclosed sustainability-linked loan in the region’s agriculture sector centered exclusively on social and resilience impacts.
The financing structure ties COFCO International’s terms to two externally verified performance indicators: increased volumes of grains and oilseeds meeting responsible agriculture standards, and strengthened supplier oversight and labor safeguards in Brazilian soy and corn supply chains.
Chief Sustainability Officer Marisa Drew said the transaction, focused on social and resilience risks, “represents an important advancement” in sustainable finance. COFCO International CFO Helen Song added that the facility “integrates sustainability goals with financial management, supporting responsible agricultural supply expansion.”