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Corporate interest in sustainability-linked loans has grown rapidly, as the financing provides flexibility to use proceeds for general corporate purposes, while with instruments such as greenbonds, raised funds can only be allocated to specific categories of green projects.
If the targets are not met, the interest rate on the bond will increase by up to 0.25%, with an initial 0,125% step up as of September 2028 if the diversity target is missed, and a second increase in September 2030 if the emissions goal is not reached. Jacobs’ current female VP and above representation is 28%.
hectares at its Bundoora Campus and is part of the university’s goal to achieve net zero by 2029. Vice-Chancellor Professor John Dewar AO said the $10 million Renewable Zone, fully funded by La Trobe using funds from the recently raised GreenBond, was the next step in La Trobe’s commitment to being an industry leader in sustainability.
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