Verification report
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Sustainability linked loans (SLLs) - Sustainability Linked Loan Principles - sustainability performance targets - verification.
In the context of sustainability linked loans and their sustainability performance targets, verification is an independent review by a qualified external reviewer.
The related verification certificate is the independent external reviewer's formal report on the borrower's performance level against each sustainability performance target.
(Source - A borrower's guide to sustainability-linked loan terms - ACT - Slaughter and May - August 2023 - p16 & p42.)
See also
- Corporate social responsibility (CSR)
- Loan Market Association (LMA)
- Performance
- Performance management
- Sustainability
- Sustainability-Linked Loan Principles (SLLP)
- Sustainability performance target (SPT)
- Use of proceeds bond
- Verifiability