SNCF swaps loan tracks to sustainability-linked

Green finance banking figures planning report from Adobe 230x150
By Mike Turner
20 Nov 2019

France’s SNCF has signed a €3.5bn sustainability-linked loan, with the state-owned railway company only able to use the facility from the start of next year after the country’s reform bill is enacted.

SNCF’s new revolver has a margin linked to the company hitting three environmental, social and governance (ESG) targets.

These are reducing greenhouse gas emissions, implementing a higher share of renewable energy for electric traction and using a better weighting of ESG criteria when scoring tenders. 

Third-party groups Vigeo-Eiris and Ecovadis ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.