RGE Wins 'Best Treasury & Finance Strategies' at CorporateTreasurer Awards 2022

RGE was one of the winners in the Best Treasury and Finance Strategies category which recognises the development of revolutionary approaches and solutions that generate positive impact for the treasury and finance departments.

It joins several global brands in the winners list such as BP, HSBC, OCBC and Standard Chartered.

Patrick Ng, Group Treasurer at RGE commented: "The awards are an endorsement of the treasury team's effective treasury management which is supporting the group's business expansion and growth. Their professionalism and competence were instrumental in the winning of this award."

Patrick Ng was awarded Best Treasurer in the Marquee Awards category, which acknowledges achievements across various roles in the corporate treasury function including Chief Financial Officer (CFO), Treasury Team and Treasury Consultant.

RGE emerged ahead of the competition due to its achievements in the sustainability-linked loans (SLL) market. RGE was among the first non-property players to issue an SLL and the second largest issuer of SLLs in Singapore in 2021. To-date, its total amount of SLLs has reached USD1.8 billion. It is also a pioneer in carbon finance deals in China.

The ESG key performance indicators in its SLLs are closely tied to the group's long-term sustainability commitments as part of its Sustainability Vision 2030. This helps to bring both the company's financing channels and enhanced sustainability commitments into alignment.