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Vinda Household Paper wins Outstanding Award for Green Loan Issuer at HKQAA's 2020 Hong Kong Sustainable Finance Awards

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Vinda Household Paper wins Outstanding Award for Green Loan Issuer at HKQAA's 2020 Hong Kong Sustainable Finance Awards

October 23, 2020 - 08:00
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HONG KONG, Oct. 23, 2020 (Press Release) -Vinda International Holdings Limited (“Vinda International”, which together with its subsidiaries is referred to as the “Group”, stock code: 3331), is pleased to announce that its wholly-owned subsidiary, Vinda Household Paper (China) Limited, has carried off the “Outstanding Award for Green Loan Issuer” at Hong Kong Sustainable Finance Awards 2020 organized by Hong Kong Quality Assurance Agency (“HKQAA”). Vinda secured the largest single green loan in the fast-moving consumer goods (“FMCG”) industry. The accolade is a recognition of the Group’s perseverance and commitment to environmental conservation and sustainable development.

Ms. Karen Li, Chief Executive Officer of Vindasaid, “We are greatly encouraged that Vinda has been honored with the Outstanding Award for Green Loan Issuer from HKQAA. Vinda has devoted itself to providing high-quality hygiene products and services for families for many years. It also spares no effort to fulfil its social responsibility. With sustainability as one of its core principles, Vinda aims to achieve a win-win relationship between environmental protection and the pursuit of economic benefits. As a forerunner of green tissue and personal care products companies, Vinda will continue to enhance its sustainable development performance.”

Hong Kong Sustainable Finance Awards 2020 is organized by HKQAA to recognize companies which have made significant contributions to sustainable development and have outstanding achievements in that regard. The award is also aimed at promoting a common understanding of green financing for sustainable development in Hong Kong and the region. At the end of last year, Vinda succeeded in obtaining the “Green Finance Pre-Issuance Stage Certificate” issued by the HKQAA, thus becoming Hong Kong’s first FMCG company to raise a green loan. The green loan is used for eligible green projects in order to enhance the overall competitive advantage and business performance of the Group and enable it to achieve the long-term goal of sustainable development.

About Vinda International Holdings Limited

Vinda International is a leading hygiene product company in Asia. Founded in 1985, the Group is always committed to the philosophy of “Healthy Lifestyle Starts with Vinda” and strives to provide high-quality hygiene products and services for families. Vinda International has established ten advanced production bases in mainland China and has two major production bases in Malaysia, one production base in Taiwan and one converting factory in Australia. Vinda runs four core business segments, namely tissue, incontinence care, feminine care and baby care under key brands such as Vinda, Tempo, Tork, TENA, Dr.P, Libresse, Libero and Drypers.