The green loan market supports environmentally sustainable economic activity. To promote the integrity and growth of this product, the Green Loan Principles (GLP) were developed by a working group of leading financial institutions active in the global syndicated loan markets.
The Green Loan Principles (GLP), first published in 2018, provide a framework for this growing area of finance. To support their development and ensure integrity, the APLMA, LMA, and LSTA issued Guidance on the GLP, offering market practitioners clarity on application and promoting a harmonized approach.
This Guidance is intended to sit alongside other existing voluntary guidance relating to professional and ethical standards for external reviewers, as well as to the organisation, content and disclosure of their reports.
This questionnaire has been designed to solicit reliable ESG information about the manager’s relevant strategy. This questionnaire is to be completed by a manager with respect to its relevant strategy at the pre-investment stage or as otherwise requested by an investor....
Companies and their investors are increasingly focused on how environmental, social and governance (ESG) factors impact their businesses. For many investors, being aware of the ESG risks a company faces and the way in which these risks are being addressed—is critical to understanding a company’s broader risk profile. Moreover, end investors are regularly requiring asset...
The last eighteen months have seen ESG take hold in the loan market and, despite the COVID-19 crisis, ESG continues to be of increasing importance. This year there have been a number of exciting developments, from an industry response to calls for ESG information to further evolution in sustainable finance. Given the LSTA’s role in...
The APLMA, LMA and LSTA speak to the recent publication of the two new guidance documents, which aim to address some of the most frequently asked questions in relation to the Green Loan Principles (GLP) and the Sustainability Linked Loan Principles (SLLP). The spotlight covers: what prompted the development of the guidance documents how the...
This podcast done by Tess Virmani, Associate General Counsel and Executive Vice President, Public Policy of the Loan Syndications and Trading Association (LSTA) discusses the LSTA’s ESG Diligence Questionnaire....
This podcast done by Tess Virmani, Associate General Counsel and Executive Vice President, Public Policy of the Loan Syndications and Trading Association (LSTA) focuses on sustainability-linked loans....
ESG and sustainability are two buzzwords that crop up more and more in the financial markets – the loan market included. According to Refinitiv LPC, $167 billion in green loans and sustainability linked loans came to the global loan market in 2019. Of that activity, more than $135 billion in volume represents sustainability linked loans....
