Sustainability-linked Loans and Margin Ratchets

Sustainability- linked loans (SLLs) and margin ratchet programmes have become key mechanisms for incentivising sustainability performance. As the market continues to mature, expectations around KPI relevance, target ambition, and verification rigour are increasing.

In this session, we will explore the latest market trends, learn about the new Transition Loans Guide from the Loan Market Association (LMA), and emerging best practices for KPI selection and design. Participants will gain a clear understanding of how SLLs and margin ratchets are evolving and what these shifts mean for companies, lenders, and investors.

You will learn about

• The latest market developments and adoption trends in sustainability‑linked financing
• The LMA’s latest guidance on transition loans and how loan market participants can navigate the field of transition finance
• Best practices for designing credible, material, and decision-useful KPI frameworks
• Common pitfalls in SLL structuring and opportunities to strengthen performance-linked financing

Who should attend?

This webinar is aimed at individuals who want to understand how sustainability-linked instruments are evolving and how to design credible frameworks. It will be particularly relevant for:

• Corporate finance, investment managers and finance professionals
• Sustainability and responsible investment practitioners
• Sustainable finance lawyers and general counsel
• Investors, asset managers and private credit firms
• Organisations currently using, or considering, SLLs or margin ratchet programmes