Published by the Global Legal Group, the book covers common issues in environmental, social and governance (ESG) law, including principal sources of ESG pressure, integration of ESG into business operations and planning, finance and the impact of COVID-19 in multiple jurisdictions.
The Haynes and Boone lawyers authored a chapter titled “Incorporating Sustainability into Debt and Equity Financing,” which covers: sustainability-linked debt finance; green equity and debt finance; blue equity finance; socially conscious investments; and future challenges for ESG investment and financing. Here is an excerpt from the chapter.
“In recent times, environmental, social and governance concerns are being implemented into every aspect of a fund’s structure and life span, from fundraising to investing and even to obtaining lines of credit when managing liquidity. Several social and regulatory drivers have led to this increased awareness and pressure for funds to look at their ESG strategy, and consequently there has been a surge in interest in sustainability finance and green finance. Over the last financial year, it has become the hot topic in the funds finance market. Going forward, sustainability and ESG concerns will have a key role in high finance and we will see an increase in funds having a role as a borrower in relation to green loans or sustainability-linked finance (either structured as a subscription line or leveraged financing), but also as a provider of finance for green and blue projects.”
To read the chapter, click here. (Registration required)
Haynes and Boone is an international corporate law firm with offices in Texas, New York, California, Charlotte, Chicago, Denver, Washington, D.C., London, Mexico City and Shanghai, providing a full spectrum of legal services in energy, technology, financial services and private equity. With more than 575 lawyers, Haynes and Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It also was recognized across the board for excellence in the BTI Consulting Group’s 2020 “A-Team” report, which identifies the law firms that in-house counsel commend for providing superior client service.