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Sinochem International Awarded ‘2022 Outstanding Green and Low-Carbon Bond Issuer’ Title by Shanghai Stock Exchange

2023-04-11

Sinochem International has been honored with the “2022 Outstanding Green and Low-Carbon Bond Issuer” award by the Shanghai Stock Exchange, marking the company’s first such accolade in the credit bond market.

Sinochem has been at the forefront of green finance. It issued the first sustainability-linked corporate bond of the Shanghai Stock Exchange worth 3.5 billion yuan in 2022, securing the lowest interest rate available at the time. This issuance is a landmark for both Sinochem International and the bourse, introducing an innovative model that blends economic efficiency with social responsibility. Moreover, it supports Sinochem’s commitment to its “dual carbon” goals, leading the chemical industry’s green transformation and upgrade.