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ESG in Trade and Export Finance | Sullivan & Worcester


[co-author: Theodora Okocha]
Environmental, Social and Governance (
ESG) is currently at the forefront of discussions around trade and export finance, yet its application in this field is still unclear. At a time where a lot of money is moving from traditional financing into sustainable financing, market participants want to know how ESG can be implemented (and documented) into their transactions in a meaningful way.
In this blog post, we consider some of the key ways in which ESG has impacted trade and export finance, including Green and Social Loans, Sustainability Linked Loans and the push to create market standard drafting to address ESG principles. ....

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Carbon neutrality and the law


By Nicholas Gould
2021-05-24T05:00:00+01:00
For the government’s stringent emissions targets to be met will require not only further legislation but also changes in contract clauses and regulatory practices
The UK has set some of the most ambitious carbon reduction targets in the world, but to turn these into reality will require legislation – and so far there is only the Climate Change Act. While this specifically legislates for the construction industry to work towards net zero emissions, there is little other legislation in this area. To meet the targets for 2030, 2035 and beyond, urgent action must be taken.
Achieving these targets will require effort not just from the construction supply chain but from those investing in the built environment. Government departments and other clients will need to set contractual targets and benchmark carbon emissions across the supply chain in order to achieve final projects that meet these targets – as well as t ....

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