ESG loans broaden access to sustainability-linked financing

Much of the work and focus in the circular economy is based around disrupting standard linear economy business models of “take-make-waste” to ones where higher proportions of resources can be recycled with minimal disposal. Through using waste as a resource to be recycled rather than disposed of, and by prioritising regenerative resources, we can stretch the lifetime of our planet’s finite resources. Otherwise, in a world where success is largely measured by profits, most company directors are tied to legal requirements to maximise shareholder value. Stock markets reward relentless growth, and everyone chasing growth in a race that will exhaust those finite resources is not sustainable. How hard will it be to make the switch?

The Group plans to buy one million tonnes of sustainable jet fuel per year, enabling it to cut its annual emissions by two million tonnes by 2030.
This equates to removing one million cars from Europe’s roads each year.