DBS Hong Kong and Nan Fung Group launch SLL with social impact KPI

Initiatives contributing to this measurement include community and wellness programmes such as “Sports Date.”

DBS Hong Kong and Nan Fung Group have closed a $1.5b bilateral sustainability-linked loan (SLL).

The five-year, multi-currency facility was announced on 18 November and closed in the third quarter of the year.

According to the parties involved, the SLL is the first in the market to incorporate a key performance indicator (KPI) tied to the monetary value of social impact.

The metric tracks the value generated across Nan Fung’s Hong Kong property portfolio, with $46.6m in social value reported as of March 2025.

Initiatives contributing to this measurement include community and wellness programmes such as “Sports Date”, which promotes inclusion through sport, and the Senior Docent Programme, which trains older adults as tour guides.

It will also include the Farming Assistant Programme, which engages elderly participants as part-time farming assistants and exhibition docents. These efforts are centred at AIRSIDE, Nan Fung’s flagship mixed-use development in Kai Tak.

In addition to the social value KPI, the SLL includes sustainability performance targets tied to Nan Fung’s “Net Positive Lease” tenant engagement programme and its renewable energy generation goals.