Loan bodies add social risk language to Green Loan Principle documents

US coronavirus sign social distancing from Adobe 26Jun20 575x375
By Mike Turner
16 Feb 2021

The global loan market trade bodies have updated the Green Loan Principles, broadening the guidelines on what counts as a green facility to account for the growing importance of social risk.

The Loan Market Association (LMA), the Loan Syndication and Trading Association and the Asia Pacific Loan Market Association have collectively updated the Green Loan Principles to include provisions covering social elements of green finance.

‘Social risks’ have been added to the categories that must be considered during project evaluation ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial