UOB Hong Kong signed a memorandum of understanding with the Swiss firm SGS to drive green and sustainable financing.

Both UOB Hong Kong and SGS will partner to promote green finance and contribute to environmental protection and sustainable development, according to an announcement.

Through this partnership, they will see the provision of services including professional green finance certification, evaluation and accreditation as well as green and sustainable financial solutions. It will also help the development of green financing in the Greater Bay Area.

«The collaboration with SGS enables us to expand our support to customers and the wider business community at different stages of their sustainability journey,» said Ricky Ng, head of wholesale banking at UOB Hong Kong.