Every CFO Should Know This: ‘The Future Of Banking’ Ties Verified ESG Performance To Cheaper Capital

December 12, 2021 Siddhant Goyal

Date of Publication: Feb 20, 2018

Author: Jay Coen Gilbert

Summary:

Late last week, Danone announced it had partnered with 12 leading global banks to lower their loan rates if Danone increases its verified positive impact in the world. This may be the first time a company’s cost of capital has been explicitly tied to its third-party-verified ESG performance.

Link to Full Reading:

https://www.forbes.com/sites/jaycoengilbert/2018/02/20/every-cfo-should-know-this-the-future-of-banking-ties-verified-esg-performance-to-cheaper-capital/