On September 23 in Hanoi, Mavin Group and HSBC Bank Vietnam signed a Sustainable Linked Credit Agreement for the pig farming industry.
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This is the next success in the sustainable development journey of Mavin Corporation following the Sustainable Linked Credit Agreement for the food industry in 2024. According to the recently signed agreement, HSBC will provide sustainable linked financing for Mavin Corporation's nationwide pig farming chain. This capital will be used by Mavin to invest in the "Greening - Digitalization - Automation" goals of the pig farming industry, including: - Reducing greenhouse gas emissions during operation; - Implementing a circular model, using renewable energy; - Applying automation, digital transformation, and traceability platforms; - Researching and deploying models to improve animal welfare. By 2027, Mavin aims for the pig farming industry to reduce energy consumption by 3.7%, water consumption by 7.3%, and antibiotic consumption by 15.6% per unit of product compared to the baseline level in 2024. These goals will be reviewed in the period 2025-2027, following the assessment of ...
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