FAQs - ESG & Sustainability Funding
Companies are increasingly devising green and sustainable strategies, incorporating them into their business strategy and aligning their funding mechanisms to their sustainable development commitments. Entering into a green / social / sustainable loan in this context has a number of wide-ranging advantages for borrowers and lenders. Credit facilities for general corporate purposes should not be categorized as “Green” or “Social” without satisfying the components listed in the "Green / Social / sustainable Lending Policy" (GSLP).
1. Eligible Green Categories
Renewable Energy, Energy Efficiency, Pollution Prevention and Control, Sustainable Water and Wastewater Management, Environmentally Sustainable Management of Living Natural Resources and Land use, Terrest Climate Change Adaptationrial and Aquatic Biodiversity Conservation, Clean Transportation, Eco-efficient and/or circular economy adapted products, production technologies and processes, Green Buildings.
2. Eligible Social Categories
Employment generation, and programs designed to prevent and/or alleviate Unemployment stemming from socioeconomic crises, including through the potential effect of SME financing and Microfinance, Affordable Basic Social Infrastructure, Access to Essential Services, Affordable Housing, Food Security and Sustainable Food Systems.
3. Governance
Business ethics & Building strong corporate governance & transparency.