ESG coordinator and Small and Medium-sized Enterprises: Difference between pages

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1.  ''Borrowing and lending - syndicated loans - documentation - ESG - green, social and sustainability linked lending (SLL).''
(SMEs).  


In the context of syndicated lending, an ESG coordinator is an optional appointment in an ESG linked loan.
Companies whose headcount or turnover falls below certain limits.


The ESG coordinator is an external party that takes the external lead on ESG and related issues.
Even within the EU, Member States may use different levels for domestic purposes.




:<span style="color:#4B0082">'''''Places for People (PfP)'s ESG-linked revolving credit facility (RCF)'''''</span>
''Note.''  


:"In addition, and to work alongside its clear social housing goals, PfP agreed on three meaningful and stretching environmental and social KPIs aligned with four of the UN Sustainable Development Goals. These are documented in line with the LMA’s Sustainability Linked Loan Principles with performance tied to upward and downward margin ratchets...
The term uses 'enterprises' and not 'companies'. Of course, it might have used 'firms' or 'businesses' and so on rather than 'enterprises'.  


:Through appropriate coordination between the treasury and ESG teams at PfP, as well as assistance from EY and subsequently NatWest and Barclays as joint ESG coordinators, PfP was able to ensure the facility was ESG linked."
The reason is that the overwhelming majority of enterprises are not companies but are unincorporated small businesses.  
 
:''The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans above £750m winner.''
 
 
2.  ''ESG.''
 
An employee responsible for ESG coordination within an organisation.




== See also ==
== See also ==
* [[Agent]]
* [[Challenger bank]]
* [[Documentation]]
* [[Company]]
* [[Environmental concerns]]
* [[Financial reporting]]
* [[ESG]]
* [[Micro-enterprise]]
* [[Facility]]
* [[Micro-multinational]]
* [[KPI]]
* [[Mid-sized companies]]
* [[Loan agreement]]
* [[Prompt Payment Code]]
* [[Loan Market Association]]  (LMA)
* [[Retail]]
* [[Party]]
* [[Small Business Commissioner]]
* [[Revolving credit facility]]  (RCF)
* [[Social concerns]]
* [[Sustainability ]]
* [[Sustainability co-ordinator]]
* [[Sustainability linked loan]] (SLL)
* [[Sustainability Linked Loan Principles]] (SLLP)
* [[Sustainable Development Goals]] (SDG)
* [[Syndicated loan]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Compliance_and_audit]]
[[Category:Manage_risks]]
[[Category:Ethics]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 21:27, 28 April 2022

(SMEs).

Companies whose headcount or turnover falls below certain limits.

Even within the EU, Member States may use different levels for domestic purposes.


Note.

The term uses 'enterprises' and not 'companies'. Of course, it might have used 'firms' or 'businesses' and so on rather than 'enterprises'.

The reason is that the overwhelming majority of enterprises are not companies but are unincorporated small businesses.


See also