The trickledown effect is coming to a bank near you. Many of the world’s largest banks have signed on to http://www.equator-principles.com/.
“Equator Principles Financial Institutions (EPFIs) commit to not providing loans to projects where the borrower will not or is unable to comply with their respective social and environmental policies”
Don’t have a qualitative and quantitative – trusted sustainability report? = no money/credit or maybe just higher interest rates for you – that’s dead money.
72 financial institutions have adopted this is 27 countries. The credit market is going to use this to their advantage. The question is will your company be able to meet them at the table well prepared? Put yourself into a bankers shoes and ask yourself: “if I am going to loan money how what can I use to negotiate the best interest rate – in my favor?” It is not a far jump to see that if a client presents more risk than the interest rate is higher. Now part of the risk being assessed is sustainability. If you have not heard of the term - Triple bottom line – google it now! No self respecting corporation would show up to a bank with financial information in a shoe box so why would your sustainability information be any different? Excel is your shoe box. The good news is that solutions do exist that can get companies to a bank worthy status – without breaking bank (so to speak). www.sap.com provides world class sustainability solutions tailored to meet your needs. Lower interest rates and protecting your credit is just a click away. Here is your early warning notice to avoid dead money. Wouldn’t it be nice to be in the power position with your sustainability report and even ask the bank you’re are dealing with – where’s yours?
“Equator Principles Financial Institutions (EPFIs) commit to not providing loans to projects where the borrower will not or is unable to comply with their respective social and environmental policies”
Don’t have a qualitative and quantitative – trusted sustainability report? = no money/credit or maybe just higher interest rates for you – that’s dead money.
72 financial institutions have adopted this is 27 countries. The credit market is going to use this to their advantage. The question is will your company be able to meet them at the table well prepared? Put yourself into a bankers shoes and ask yourself: “if I am going to loan money how what can I use to negotiate the best interest rate – in my favor?” It is not a far jump to see that if a client presents more risk than the interest rate is higher. Now part of the risk being assessed is sustainability. If you have not heard of the term - Triple bottom line – google it now! No self respecting corporation would show up to a bank with financial information in a shoe box so why would your sustainability information be any different? Excel is your shoe box. The good news is that solutions do exist that can get companies to a bank worthy status – without breaking bank (so to speak). www.sap.com provides world class sustainability solutions tailored to meet your needs. Lower interest rates and protecting your credit is just a click away. Here is your early warning notice to avoid dead money. Wouldn’t it be nice to be in the power position with your sustainability report and even ask the bank you’re are dealing with – where’s yours?
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