ADVERTISEMENT

Thames Water inks funding deal with pollution-linked interest rates

Madeleine Cuff
Madeleine Cuff
clock 04 December 2018 •
Thames Water will be able to borrow cash at a lower interest rate if it meets its ESG targets
Image:

Thames Water will be able to borrow cash at a lower interest rate if it meets its ESG targets

Water supplier agrees £1.4bn revolving credit facility that offers cheaper interest rates as reward for boosting ESG performance

Thames Water has this week become the latest corporate to leverage an innovative form of green finance to boost environmental, social and ethical practices within its business. The water supplier has...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no-strings trial

Join now

 

Already a BusinessGreen
member?

Login

ADVERTISEMENT
Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

Most read
01

Revealed: UK supermarkets linked to beef suppliers driving illegal Amazon deforestation

31 July 2021 • 9 min read
02

The data is in: Renewables confirmed Britain's top power source in 2020 as fossil fuels continue slide

30 July 2021 • 4 min read
03

The Frying Scotsman? UK hybrid cars to reach EU market via vegetable oil-powered train

30 July 2021 • 2 min read
04

Lululemon and LanzaTech are reshaping carbon waste into fabric

30 July 2021 • 3 min read
05

Walmart awards $750,000 to fund consumer food waste research in UK and Canada

30 July 2021 • 2 min read

More on Investment

The letter reasserts the government's commitment to 'Build Back Better' from the pandemic
Investment

'Investment big bang': PM and Chancellor urge pension funds to back 'innovative, greener future'

Prime Minister and Chancellor urge investors and pension schemes to invest more in long-term assets to give savers better returns

Holly Roach and Michael Holder
clock 05 August 2021 • 5 min read
Credit: Inspired Villages
Investment

L&G and Natwest pension fund team up for net zero retirement housing project

Joint venture will see the houses delivered by an L&G-founded retirement homes provider

Hope William-Smith
Hope William-Smith
clock 05 August 2021 • 2 min read
When it comes to sourcing renewable energy supplies, make sure you know what you are getting, npower advises
Investment

Is there a 'quick, easy, cheap' way to net zero?

The race to Net Zero is on but, with slippery definitions of what this entails and varying levels of commitments from businesses, how will this challenge be solved before 2050?

e.on
clock 05 August 2021 • 2 min read