European Council and Sustainability co-ordinator: Difference between pages

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''European Union (EU).''
''Borrowing and lending - syndicated loans - documentation - environmental concerns - social concerns - sustainability - green, social and sustainability linked lending (SLL).''


The European Council's members include the heads of state of all EU countries and the president of the European Commission.
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.


The European Council:
* Decides on the EU's overall direction and political priorities – but does not pass laws.
* Deals with complex or sensitive issues that cannot be resolved at lower levels of intergovernmental cooperation.
* Sets the EU's common foreign & security policy, taking into account EU strategic interests and defence implications.
* Nominates and appoints candidates to certain high profile EU level roles, such as the European Central Bank and the European Commission.


:<span style="color:#4B0082">'''''Sustainability co-ordinator's role and responsibilities'''''</span>


==See also==
:"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). 
*[[Council of Europe]]
*[[European Central Bank]]
*[[European Commission]]
*[[European Parliament]]
*[[European Union]]
*[[High Council]]


: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.''
Another name for the role of sustainability co-ordinator is the sustainability structuring bank.
:<span style="color:#4B0082">'''''Heathrow's sustainability-linked bond structured by Société Générale'''''</span>
:"The success of the trade was evidenced by the participation from SFDR Article 9 funds, which is rare for an issuer in a hard-to-abate sector.
:Barclays, BNP Paribas, Lloyds, NatWest Markets and RBC Capital Markets were joint active bookrunners, with Société Générale as the SLB structuring bank."
:''ACT Deals of the Year Awards 2023: Bonds below £750m winner.''
== See also ==
* [[Abate]]
* [[Active bookrunner]]
* [[Agent]]
* [[Arranger]]
* [[Article 6]]
* [[Article 9]]
* [[Bookrunner]]
* [[Default]]
* [[Defaulting lender]]
* [[Documentation]]
* [[Environmental concerns]]
* [[ESG coordinator]]
* [[Facility]]
* [[Facility agent]]
* [[Finance party ]]
* [[Fund]]
* [[GSS]]
* [[Hard-to-abate]]
* [[Impaired agent]]
* [[Investment grade]]
* [[Lehman provisions]]
* [[Loan agreement]]
* [[Loan Market Association]]  (LMA)
* [[Party]]
* [[Secured debt]]
* [[Security ]]
* [[Security agent]]
* [[Social concerns]]
* [[Sustainability ]]
* [[Sustainability-linked bond]]  (SLB)
* [[Sustainability linked loan]]  (SLL)
* [[Syndicated loan]]
==Other resources==
* [https://www.lma.eu.com/application/files/3416/5763/4761/Introduction_to_Sustainability_Coordinator_Role.pdf An introduction to the sustainability co-ordinator role - 2022 - Loan Market Association]
*[https://www.treasurers.org/hub/treasurer-magazine/act-doty23-bonds-below-750m-heathrow ACT Deals of the Year Awards 2023: Bonds below £750m winner - Heathrow]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:Corporate_finance]]
[[Category:Identify_and_assess_risks]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Manage_risks]]
[[Category:Risk_reporting]]
[[Category:Risk_frameworks]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Ethics]]

Latest revision as of 04:17, 6 October 2024

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.


Another name for the role of sustainability co-ordinator is the sustainability structuring bank.


Heathrow's sustainability-linked bond structured by Société Générale
"The success of the trade was evidenced by the participation from SFDR Article 9 funds, which is rare for an issuer in a hard-to-abate sector.
Barclays, BNP Paribas, Lloyds, NatWest Markets and RBC Capital Markets were joint active bookrunners, with Société Générale as the SLB structuring bank."
ACT Deals of the Year Awards 2023: Bonds below £750m winner.


See also


Other resources

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