Changes to ESG loan market standards
27 May 2021
The first few months of 2021 have seen the publication of various new and updated loan market standards for ESG loan products. The Green Loan Principles were updated in February, then new Social Loan Principles were published in April. Perhaps most significantly, overhauled Sustainability Linked Loan Principles and accompanying Guidance have just been released which, among other things, introduce a mandatory requirement for third party verification of ESG performance data.