Crédit Agricole CIB issues inaugural Sustainability-Linked Loan financing Bond utilising innovative Sustainability-Linked Loan financing Bond Framework

This framework Will open in a new tab will be further used to finance and refinance a portfolio of Sustainability-Linked Loans (SLLs) in line with the Sustainability Linked Loan Principles.

Leveraging its leading position in sustainable finance and global expertise in structuring SLL* , Crédit Agricole CIB has developed its framework to foster best-in-class practices ensuring transparency in the evaluation and selection process of eligible SLLs. It is the first framework of the market which includes a pioneering and innovative “ESG Performance Index” listing all sectoral Key Performance Indicators (KPIs) and related Sustainable Performance Targets (SPTs) used by eligible SLLs. 

^*Source Refinitiv (2023): 1# agent in volume (Global, USDm) ; 1# agent in number of deals (Global) ; 2# lender in volume (Global, USDm) ; 1# lender in number of deal (Global)

Crédit Agricole CIB SLLB framework offers a unique opportunity for investors to support companies with ambitious climate commitments, aligned with a 1.5°C or well below 2°C trajectory and complemented by KPIs that address the most meaningful ESG issues.

Crédit Agricole CIB has commissioned ISS-Corporate to review the framework’s alignment with best market practices, as well as to assess the materiality and ambition of selected eligible KPIs and SPTs. ISS also evaluated the transactions’ eligibility criteria against Crédit Agricole CIB’s overall ESG profile and strategy.

Crédit Agricole CIB was also one of the coordinators of the ICMA joint-taskforce which led to the publication of the first ICMA Sustainability-Linked Loan Bond Guidelines Will open in a new tab in June 2024.