The financing agreement represents ADB’s first sustainability-linked loan in the South Asian country. A sustainability-linked loan is an outcome-oriented financial instrument that is tied to predetermined key performance indicators. It is evaluated based on the achievement of specific sustainability goals. Envoy Textiles will use the fund to design and construct a new automated spinning unit at its factory in Jamirdia, Bangladesh. The company will also use the proceeds towards the installation of 3.5MWp ...