EY has established an environmental, social and governance (ESG) linked revolving credit facility (RCF) in the UK.
The new facility, the first of its kind in the UK secured by a member of the Big Four accountancy firms, is linked to three ESG targets.
EY’s performance against these metrics will be verified annually by external auditors and will determine the interest rate applicable under the RCF – which can go both up or down.
The three metr...
Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@eprivateclient.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAMeprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.
Read more
