March 3, 2022 - Today the LSTA announced two additions to our sustainable finance library. Together with the APLMA, LMA and our respective working groups, the loan market trade associations have developed Guidance for Green, Social, and Sustainability-Linked Loans External Reviews and Guidance on Social Loan Principles. Click here for the press release.
The Guidance on External Reviews is intended to provide best practice guidance on the external review process for borrowers, lenders, external reviewers and other stakeholders in the loan market. It responds to common questions from market participants on the external review process and is designed to be aligned with the complementary bond guidance from the ICMA. Related to this project, today updates to the Sustainability Linked Loan Principles and Guidance on SLLP to reflect cosmetic, conforming changes were also published.
The Guidance on Social Loan Principles is designed to sit alongside the Social Loan Principles which were jointly published by the APLMA, LMA and LSTA in April 2021. This guidance is intended to provide greater clarity for market participants with regards to the requirements of the Social Loan Principles, and covers a number of frequently asked questions in relation to social loans.
The LSTA is very happy that our collaboration with the APLMA and LMA continues to produce harmonized frameworks and guidance for global sustainable lending.
Our Sustainable Lending Library is available below:
- Green Loan Principles
- Guidance on GLP
- Sustainability Linked Loan Principles
- Guidance on SLLP
- Social Loan Principles
- Guidance on SLP
- Guidance on External Reviews
- Sustainable Lending Glossary of Terms
For more information, please contact Tess Virmani.
