Sustainable Lending

Private finance has a critical role to play in catalysing the transition to a sustainable global economy.  At the LMA, we are dedicated to promoting growth and innovation in sustainable lending practices, and supporting the syndicated loan market as new sustainable finance regulation emerges. Our ongoing initiatives include:

  • documentation projects, including the release of model provisions for sustainability-linked loans, together with work on the preparation of an accompanying term sheet and a template mandate letter for sustainability coordinators;
  • supporting the development of market practice, including the publication of updated versions of the Green, Social and Sustainability-Linked Loan Principles and accompanying guidance documents;
  • responding to regulatory proposals in relation to sustainable finance; and
  • attending and hosting various sustainable finance events, including our upcoming Sustainable Finance Conference on 9 November 2023.

Latest News

ITFA research paper: Towards a common audit standard for sustainability reporting in trade and supply chain finance – 23 October 2023

The International Trade & Forfaiting Association’s ESG Committee has published a report authored by Dr. Rebecca Harding which expands on the challenges of regulatory sustainability reporting in the international banking and trade finance space.  This latest research paper suggests significant divergence in common reporting practice across major trade and supply chain banks.  Whilst regulatory reporting standards are starting to become clearer, the divergence of reporting practice identified in the research suggests that the “how” to comply and “what” to measure is not.    

Please contact ITFA if you would like to discuss the paper. 


ESG Monthly Newsletter November 2023

On 6 November 2023 we launched the latest edition of our ESG Monthly Newsletter, which includes a video round-up of the latest ESG news from the LMA and across the market by Hannah Vanstone, together with the following:

  • What's Trending Now
  • Fact of The Month
  • Article Alert 
  • Documentation 
  • Resources
  • Legal & Regulatory News

Getting Started in Sustainable Finance

We have launched our new introductory guide to sustainable finance, 'Getting Started in Sustainable Finance', produced in conjunction with the Association of Corporate Treasurers. 

Intended for use by new entrants to the sustainable lending market, this guide describes the background to the emergence of sustainable lending, the global commitments driving the sustainability agenda, the range of products on offer and further resources at hand to help. 

Sustainable Finance for Social Housing

We are delighted to have co-authored an article with Trowers & Hamlins focussing on sustainable finance for social housing.

Social housing accounts for a large proportion of housing stock, with sustainable finance products in this sector having the potential to both positively impact the environment and also deliver significant social and governance benefits.  This article explores the potential benefits of the use of green, social, and sustainability-linked loans in the social housing sector, and focusses on some of the related challenges and opportunities for market participants.



Transition Finance: Briefing Update

In this briefing, Baker McKenzie looks at the progress of transition finance and considers the European Commission's recent recommendations to both businesses and the financial sector to support its adoption. 

Reorg H1 2023 European Sustainability-Linked Loans Wrap

In this briefing, Reorg provide a reflection on the H1 2023 European leveraged sustainability-linked loan market, highlighting changes in issuance levels and identifying a number of trends in their documentation.

Transition Finance: New Opportunities and Challenges for Financial Institutions

In this briefing, Baker McKenzie consider the growing emergence of Transition Finance products, highlighting how these alternative products can aid the transition of hard-to-abate sectors, the risks and opportunities surrounding these product, as well as the imperative that borrowers ensure they have a credible, net zero aligned, transition plan.

The European Critical Raw Materials Act

In this briefing, Clifford Chance consider the European Commission's proposed Critical Raw Materials Act and how this legislation might protect EU member states' supply chains in the transition to net zero.

Video Content

ESG Monthly Update - Green Newsletter

November 2023, update hosted by Scott McMunn

Sustainable Finance Webinars


Seminar on the LMA’s sustainability-linked loan rider


The Politics of ESG: Will action meet expectation?

With David Chmiel – Global Torchlight


An introduction to nature-related risk

With Hannah Vanstone – LMA & Dr Rhian-Mari Thomas OBE – Green Finance Institute


ESG trends in leveraged loans

With Gemma Lawrence-Pardew – LMA, Emma Norman – Invesco, Pathik Gandhi – Linklaters and Jacob Mi...


Innovation in Acquisition Financing: Europe's first ESG unitranche

With Gemma Lawrence-Pardew – LMA & Alice Foucault – BaringsWith


Sustainability in the new world


Sustaining sustainability: have the foundations been laid for a green recovery?

From the LMA Syndicated Loans virtual conference (22-23 September 2020).


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Spotlight on transition finance: bridging the gap between green and brown


Spotlight on Data - the missing piece?

This webinar lasts approx 20 minutes and is an interview with Todd Arthur Bridges, Partner and Global Head ...