Wiwynn Corporation, a cloud IT infrastructure provider based in Taipei, has secured a NT$1.5 billion (US$48.7 million) sustainability-linked loan from MUFG Bank (Taiwan), a deal that underscores the growing demand for sustainable solutions among Taiwanese corporates. Proceeds from the facility will be used for general corporate purposes.

Wiwynn develops high-performance computing and storage solutions for industry clients such as hyperscale data centres. The company collaborates with top-tier cloud service providers to develop sustainable products through technology innovation.

Harry Chen, Wiwynn’s chief financial officer, says: “The three-year sustainability-linked loan from MUFG is developed with the key topics for ESG stakeholders. Independent third-party experts will be introduced for audit. Through the setup of the sustainability performance indicators, regular review, and the encouragement and supervision of financial institutions, we will always remind ourselves to take responsibility to the environment and society for our commitment to sustainable development.”

Randy Hung, head of global corporate banking at MUFG Taiwan, adds: “This deal underscores MUFG’s commitment and capabilities to provide bespoke ESG financing solutions to effect meaningful change, and create greater awareness and acceptance in Taiwan towards transitioning to more sustainable and environmentally-friendly business models.”

Wiwynn participates in the Carbon Disclosure Project and submitted its carbon reduction target to the Science Based Target initiative to realize its carbon reduction commitment with practical plans. The company also follows the Responsible Business Alliance code of conduct, promising to provide a safe and secure working environment.

MUFG has committed to investing a cumulative 35 trillion yen (US$261 billion) into sustainability-related financing globally by 2030, of which slightly over 40% or 14.5 trillion yen, has already been achieved (FY2019 to FY2021).

In May 2021, MUFG announced its commitment to achieve net-zero emissions in its finance portfolio by 2050 and in its own operations by 2030.