IHH Group CFO Mr Dilip Kadambi (2nd from left) and Mr Ang Moh Chuan, MD, Group Corporate Banking, UOB (2nd from right), at today’s signing ceremony, witnessed by IHH Group Chief Sustainability Officer Ms Yasemin Tecman Stubbe (1st from left) and UOB Group’s Chief Sustainability Officer Mr Eric Lim (1st from right).
This is IHH Healthcare’s first Sustainability-Linked Loan and UOB’s first for the Healthcare Sector
Singapore, 29 April 2025 – IHH Healthcare (“IHH” or the “Group”), a world-leading integrated healthcare provider, has secured its first sustainability-linked loan, strengthening its ongoing commitment to integrating and upholding sustainable practices across its operations. The landmark S$300 million facility with UOB also marks the Bank’s first sustainability-linked loan for the healthcare sector, reinforcing its leadership in sustainable finance.
The loan is structured under UOB’s Sustainability-Linked Financing Framework, a pioneering framework that provides clients with pre-approved and externally validated key performance indicators and sustainability performance targets.
IHH’s Global Commitment to Sustainable Business Practices
With a network of more than 140 healthcare facilities, including over 80 hospitals in 10 countries, IHH is committed to operating in an environmentally responsible and socially impactful manner. It has set clear goals to cap carbon growth by 2025 and improve waste management, ultimately achieving net-zero by 2050.
IHH’s recent inclusion in the FTSE4Good Index reflects the Group’s rigour in embedding ESG principles across the organisation, guiding its delivery of world-class patient care and clinical outcomes.
“We see sustainability as an opportunity to create lasting impact,” said IHH Group Chief Financial Officer Mr Dilip Kadambi. “As a multinational healthcare player touching millions of lives each year, we are proud to advance sustainable financing through this loan. We thank UOB for partnering us as we further integrate ESG considerations across our business, enhancing patient care and outcomes while driving greater value for all.”
Advancing Sustainable Finance across ASEAN
UOB empowers businesses on their sustainability journeys by providing reliable and streamlined access to sustainable financing. The Bank’s Sustainability-Linked Financing Framework offers clients a structured, transparent and effective approach to integrating sustainability into their business strategies.
Mr Ang Moh Chuan, Managing Director, Group Corporate Banking, UOB, said, “This partnership with IHH Healthcare exemplifies how sustainable finance can drive meaningful change. UOB is committed to working with businesses across the region to accelerate their transition towards a low-carbon economy. As a leading regional bank with deep ASEAN connectivity, we go beyond providing innovative financing solutions and act as a strategic partner to our clients, helping them achieve their sustainability ambitions and long-term business growth.”
As of 31 December 2024, UOB has since provided S$16.6 billion in SLLs for clients across real estate, construction & infrastructure, industrials and others. UOB is also recognised as the Best Bank for Sustainable Finance in Singapore by Global Finance.
