ST Telemedia Global Data Centres Enhances Sustainability Financing Framework with New Targets, Strengthens Commitment to Sustainability

Singapore, Singapore–(Newsfile Corp. – September 4, 2024) – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest growing data center colocation services providers headquartered in Singapore, is pleased to announce the release of its enhanced Sustainability-Linked Financing Framework (SLFF). This update builds on STT GDC’s ongoing commitment to achieve carbon neutral data center operations by 2030, with more stringent targets that align its financing strategies with even more impactful sustainability goals.

First launched in July 2022, the SLFF is a key component of STT GDC’s Environmental, Social, and Governance (ESG) strategy. This framework facilitates the structuring of STT GDC’s financing, where applicable, in the form of Sustainability-Linked Financing Transactions (SLFTs), including but not limited to Sustainability-Linked Bonds (SLBs), including Sustainability-linked Perpetuals (SLPs) and Sustainability-Linked Loans (SLLs). The company successfully issued the first-ever Sustainability-Linked perpetual securities in Asia under this framework in January 2024.