On March 2, 2024, the Loan Syndications and Trading Association (LSTA) announced the publication of the latest addition to its sustainable lending library — the Guide on Sustainability Linked Loan Principles (SLLP) in Fund...more
The LSTA and LMA hosted their Joint New York Conference recently. One of the panels focused on “Sustainable Finance: Maintaining Integrity” and featured an impressive line-up of industry leaders in this space, including...more
On February 23, 2023, the Loan Market Association (LMA), Loan Syndications and Trading Association (LSTA) and the Asia Pacific Loan Market Association (APLMA) published updates to the Sustainability-Linked Loan Principles...more
Cadwalader recently hosted a breakfast discussion with the Loan Market Association (“LMA”) and LSTA with the aim of “Unlocking Sustainability-Linked Loans”. During the session, Cadwalader partner Sukhvir Basran was joined by...more
Despite widespread deterioration in the US credit markets in 2022, sustainability-linked and green loan issuance held up strongly in the face of building macroeconomic uncertainty. Sustainability-linked loan (SLL)...more
In our May edition of REF News and Views, we provided an introduction to sustainability-linked loans (“SLLs”). As a reminder, SLLs emerged alongside green loans as a result of the movement towards greater awareness and...more
In our February edition of REF News and Views, we introduced the Green Loan Principles (“GLP”) that were published by the Loan Market Association (“LMA”). The GLP seeks to help facilitate and support environmentally...more
Under pressure from shareholder groups, investors and customers, you might already have “green initiatives” in your business plan, and you probably have already identified risks related to climate change and other social and...more
In this episode, Akin Gump’s Amy Kennedy and Stacey Mitchell, two of the firm’s ESG group co-heads, walk listeners through environmental, social and governance considerations for business. Among the topics covered: - U.S....more
The Situation: Given the negative impact that sustainability-related risks can have on investment returns, investors, banks, and borrowers alike are increasingly focusing on environmental, social, and governance ("ESG")...more
The third instalment of our Finance Group’s dive into environmental, social, and governance (ESG) finance considers sustainability-linked loans (SLLs), the Sustainability Linked Loan Principles, and why and how your business...more
As with most sectors, sustainability is a buzzword in the loan market. The market has taken its first steps with the sustainability linked loan, which is now gaining in popularity. Sustainability linked loans (SLLs) are...more
The present and future impact of climate change, human rights violations, corruption, environmental, labour and regulatory violations and poor corporate governance on the quality of investments and the associated credit risks...more
Governments and multilaterals alone cannot finance the transition to a sustainable, low-carbon economy: the world's savers (via the banks and bond market) represent the only pool of capital deep enough. The OECD estimates...more