Corporate loans
whose costs are linked to environmental, social and governance goals are being redesigned by banks in response to rising
regulatory pressure and to inject more credibility into a.
Loan associations to tighten up ESG principles ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.
[co-author: Cynthia Chen, Articling Student]
On January 19, 2021, together with the Principles for Responsible Investment (PRI), the European Leveraged Finance Association (ELFA) and the London-based Loan Market Association (LMA) jointly published a
As sustainable investing continues to gain traction, environmental, social and governance (ESG) considerations are being given increasing significance by borrowers, investors and lenders alike. However, there is a general lack of clarity and consistency with respect to ESG disclosure. Stakeholders agree that a standardized approach to ESG disclosure would greatly benefit the market. The Guide aims to serve as a practical tool for company advisors to use in navigating ESG disclosure in the context of leveraged finance transactions and in integrating ESG considerations into a company’s offering documentation or credit agreement and ongoing financial reports.