Press Release - Company A - KL Amends

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Financing Supplier

Sustainability with HSBC


April 2023

At Company A, we are focused on achieving our supply chain and sustainability


goals. While we have been working closely with our supply chain in the areas of
Water Stewardship and Worker Wellbeing, via our Code of Conduct, we
recognise the need to deliver greater progress on the reduction in our
Greenhouse Gas (GHG) emissions, 75% of which are scope 3 emissions.

As much of these emissions sit within our supply chain, we are partnering with
HSBC to support our supplier’s business and sustainability ambitions with access
to lower-cost financing through the bank’s Sustainable Supply Chain Finance
solution.

“We’re excited to launch this initiative and support our suppliers to invest in
sustainable solutions,” said Alexis F., Company A’s Chief Sustainability Officer.
“With HSBC’s expertise and financing, we can collectively deliver meaningful
funding for our suppliers and help them to take positive steps toward building a
sustainable future.”

With the Sustainable Supply Chain Finance (SSCF) Programme, suppliers can
benefit from interest rates linked to their performance against our environmental
and social standards as outlined in our Code of Conduct. Suppliers are eligible to
receive higher scores as they invest in sustainability solutions. Suppliers who
receive higher sustainability scores can access lower interest rates through
SSCF.

“We are delighted to be partnering with Company A on this initiative. As a leading


trade and sustainable finance bank, we know that utilising finance as a driver is
imperative to realising the progress the world needs now to achieve a net-zero
future. We look forward to more partnerships of this nature in the future,”
commented a HSBC spokesperson.

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and conditions of this website.

Nothing presented in this Virtual Experience should be taken as an accurate representation of the HSBC Group’s views or the work
undertaken by the HSBC Group. Nothing in this Virtual Experience is intended to promote or advertise any product or service by any
member of the HSBC Group of companies. To learn more about HSBC Group’s business visit www.hsbc.com.

All tasks, materials, companies and people featured in this Virtual Experience are simulated and entirely fictional. Any resemblance to real
persons (either living or dead) or other real-life entities is purely coincidental.

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