National Energy Services Reunited Corp

NASDAQ:NESR   3:59:59 PM EDT
9.75
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Debt Financing / Related

NESR and HSBC Announce First Sustainability-Linked Loan For MENA’s Oilfield Services Industry

Published: 12/12/2021 08:41 GMT
National Energy Services Reunited Corp (NESR) - Secures a Sustainability-linked Loan (sll) With Hsbc Bank Middle East – First Sll of Its Kind Within Mena Oilfield Services (ofs) Sector.
Loan Terms Are Linked to Three Key Performance Indicators Environmental– Wastewater Reduction, Social – Hse Training, and Governance – Supplier Compliance.
Nesr Has Also Pledged to Establish a Formal Company Carbon Reduction Strategy.
Nesr is Currently Evaluating a Science-based Target Initiative (sbti) and Expects to Finalize Targets in Coming Year.
To Support Customers in Their Transition to Lower Carbon Emissions, Hsbc Aims to Provide Up to Us$1 Trillion of Financing and Investment Globally by 2030.
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