The Asset Triple A
Treasury, Trade, SSC and Risk Management Awards 2021

ESG Solutions

Regional
General Electric
Provider
DBS
Award
Best Trade Finance Solution
Industry
Energy
Confirming and discounting of the company's green letters of credit.
China
China
BYD Company Limited
Provider
UOB
Award
Best Trade Finance Solution
Industry
Energy
The issuance of a counter SBLC to the correspondence bank in the United States.
BYD Group
Provider
Standard Chartered
Award
Best Supply Chain Solution
Industry
Information Technology
Obtained a buyer's consent letter and purchased the receivable from company through an accounts receivable assignment.
Hong Kong
Hong Kong
CaSo
Provider
HSBC
Award
Best Trade Finance Solution
Industry
Manufacturing
Green trade facility to support sale of green products and green developers.
Puma SE
Provider
Standard Chartered
Award
Best Supply Chain Solution
Industry
Consumer Goods
Vendor prepay programme to support the company's procurement from Asian markets with offered pricing to suppliers participating in the programme based on sustainability scores.
India
India
Fortum Solar Plus Private Limited
Provider
BNP Paribas
Award
Best Supply Chain Solution
Industry
Energy
Providing an uncommitted and revolving supplier finance facility financing energy transition in India.
Iffco Tokio General Insurance Company
Provider
Deutsche Bank
Award
Best Payments and Collections Solution
Industry
Financial Services
Tailor-made cash drop solution to better serve insurance customers in the rural parts of India and reduce the risk of holding on to cash during the period of Covid-19.
Inditex
Provider
DBS
Award
Best Supply Chain Solution
Industry
Consumer Goods
First sustainable cotton procurement supply chain financing programme.
Vestas Wind Technology
Provider
HSBC
Award
Best Supply Chain Solution
Industry
Energy
Pre-shipment seller loan to meet working capital requirement for the manufacturing of wind turbine blades.
Malaysia
Malaysia
Chung Ling
Provider
UOB
Award
Best Payments and Collections Solution
Industry
Education
Deployed JomPay solution to help school with the handling of fee payments.
Singapore
Singapore
Hafnia Pools Pte Ltd
Provider
BNP Paribas
Award
Best Supply Chain Solution
Industry
Logistics
Receivables purchase programme of freight and demurrage invoice value due from a pool of charterers on a without recourse basis, discounting margin is adjusted annually based on CO2 and SOx emissions of the ships.
Nurture Education Group
Provider
UOB
Award
Best Payments and Collections Solution
Industry
Education
Provided SWIFT connectivity with domestic cash sweep with group available balance.
Olam International
Provider
Deutsche Bank
Award
Best Hedging and Risk Solution: FX
Industry
Commodities
FX derivative linked to ESG key performance indicators.
Vietnam
Vietnam
REEPRO
Provider
HSBC
Award
Best Trade Finance Solution
Industry
Manufacturing
A combined facility of green letters of credit and green trade loan for importing and installing of solar panels.