One facility was signed with the Group Cr\u00e9dit Agricole led by
\nCr\u00e9dit Agricole CIB including LCL and Cr\u00e9dit Agricole d\u2019Ile-de-France, another one with Societe
\nGenerale CIB.<\/p>\n
Both RCF incorporate an adjustment mechanism that links the cost of the facilities to three of
\nEDF\u2019s sustainability KPIs: direct CO2 emissions, customers\u2019 use of online consumption monitoring
\ntools (as a proxy of EDF\u2019s success in getting French residential customers actively engaged on
\ntheir consumption) and electrification of its light vehicle fleet.<\/p>\n
With these agreements following on from three previous sustainability-linked loans signed in
\n2017, 2018 and 2019, EDF confirms that responsible finance instruments play a central role in its
\nfinancing strategy. RCFs with an ESG indexation now represent a total of over \u20ac5 billion, i.e.
\naround 45% of EDF Group credit lines.<\/p>\n
Xavier Girre, Senior Executive Vice-President, CFO of EDF, said: \u201cThese two new facilities Laurent Cap\u00e8s, Senior banker at Cr\u00e9dit Agricole CIB, said: \u201cCredit Agricole group is very proud Carl Bassili, Senior Banker at Societe Generale CIB commented: \u201cSociete Generale is delighted EDF signed two \u20ac300 million sustainability-indexed revolving credit facilities (RCF) which
\ndemonstrate EDF\u2019s strong commitments in terms of corporate social responsibility by
\nstrengthening the link between its sustainability performance and financing strategy. With over \u20ac5
\nbillion of sustainability-linked credit facilities and \u20ac4.5 billion in outstanding Green Bonds,
\nsustainable finance instruments have become ever more core to EDF\u2019s financing.\u201d<\/em><\/p>\n
\nof supporting EDF in its sustainability finance strategy by providing this sustainability-indexed
\nrevolving credit facility of \u20ac300 million. This transaction, involving Cr\u00e9dit Agricole CIB, LCL and
\nCredit Agricole d\u2019Ile-de-France, demonstrates the willingness of both groups to actively participate
\nto a more sustainable environment.\u201d<\/em><\/p>\n
\nto support EDF in its strategy of developing sustainable finance in the context of the energy
\ntransition. Societe Generale is strongly committed to meet its clients’ rising needs in the field of
\nSustainable and Positive Impact Finance. The Bank aims at contributing EUR 100 billion to energy
\ntransition between 2016 and 2020.\u201c<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
\nincorporate a pricing adjustment based on EDF\u2019s sustainability performance linked to CO2
\nemissions and energy efficiency. <\/p>\n","protected":false},"author":20,"featured_media":81515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1856,1854,1671,1826,1682,2051,1453,2103,1685,1670],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/81517"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=81517"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/81517\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/81515"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=81517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=81517"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=81517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}