Sustainability-linked loans in Russia: a hot market
Related people
Headlines in this article
Related news and insights
Blog Post: 08 October 2021
Publications: 01 December 2020
New Law on Digital Financial Assets and Digital Currencies: key innovations in Russia
Publications: 08 October 2020
Covid-19 coronavirus: Insolvency Moratorium is extended until January 2021
Publications: 07 August 2020
When it comes to sustainable lending, the Russian loan market is punching above its weight. Many of Russia’s leading corporates have raised ESG or sustainability-linked loans (in some cases, multiple loans) over the last couple of years, in a trend that continues to rapidly gather pace amidst the increased focus on Environmental, Social and Governance (ESG) matters by regulators, shareholders, investors and wider society.
For many Russian corporates, sustainability-linked loans now comprise an important component of their wider sustainable development strategies and present an opportunity to enhance both their financial and reputational position with investors and customers.
As a product that is still in its relative infancy globally, market practice with respect to sustainability-linked loans continues to evolve across the globe. In this note we provide an overview of the key features of sustainability-linked loans, some of the emerging global trends and how those trends are playing out locally in the Russian market.