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    Question

    Which financial institution recently launched the first

    sustainability-linked payables finance program in Asia for BASF in China?
    A HSBC Correct Answer Incorrect Answer
    B Barclays Correct Answer Incorrect Answer
    C Citibank Correct Answer Incorrect Answer
    D Deutsche Bank AG Correct Answer Incorrect Answer
    E Standard Chartered Bank Correct Answer Incorrect Answer

    Solution

    Deutsche Bank AG pioneered the introduction of BASF's first sustainability-linked payables finance program in Asia, focusing on BASF’s operations in China. This innovative financial mechanism is designed to incentivize suppliers towards sustainable practices, showcasing a commitment to environmental stewardship within the financial sector.

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