DUBAI – United Arab Emirates-based retail conglomerate Landmark Group, which owns Kurt Geiger and Steven Madden, has announced the signing of its first sustainability-linked loan.
Working with international banking group Standard Chartered, Landmark will deploy the finances to support its company-wide sustainability aspirations surrounding renewable energy, circularity and diversity.
Rajesh Garg, Landmark’s group chief financial officer, said in a statement: “We are proud to partner with Standard Chartered Bank, who share our ethos towards a green commitment. With this partnership we are glad to become a part of a global group of sustainable companies and stakeholders that take shared responsibility for achieving a better world.”