Sustainability co-ordinator
From ACT Wiki
Jump to navigationJump to search
Borrowing and lending - syndicated loans - documentation - environmental concerns - social concerns - sustainability - green, social and sustainability linked lending (SLL).
A sustainability co-ordinator is an optional appointment in a green, social or sustainability-linked (GSS) syndicated loan.
The sustainability co-ordinator is an external party that takes the external lead on sustainability and related issues.
- Sustainability co-ordinator's role and responsibilities
- "A sustainability coordinator may be variously referred to as a “sustainability structuring agent”, an “ESG structuring agent”, a “sustainability agent”, a “sustainability arranger”, a “green loan coordinator” (in relation to a green loan), a “social loan coordinator” (in relation to a social loan) and/or a “sustainability-linked loan coordinator” (in relation to a sustainability-linked loan).
- These titles are often used interchangeably and there is currently no definitive market standard as to the responsibilities which are associated with each of these respective labels..."
- An introduction to the sustainability co-ordinator role - Loan Market Association - 2022 - p2.
See also
- Agent
- Arranger
- Default
- Defaulting lender
- Documentation
- Environmental concerns
- ESG coordinator
- Facility
- Facility agent
- Finance party
- GSS
- Impaired agent
- Investment grade
- Lehman provisions
- Loan agreement
- Loan Market Association (LMA)
- Party
- Secured debt
- Security
- Security agent
- Social concerns
- Sustainability
- Sustainability linked loan (SLL)
- Syndicated loan