×
44
Fashion Jobs
H&M
Security/ Compliance Manager
Permanent · HO CHI MINH CITY
PUMA
Manager Product Line Sportstyle Footwear
Permanent · Ho Chi Minh City
H&M
Area Manager - Vietnam
Permanent ·
L'OREAL GROUP
Key Account Executive - Drugstore Channel
Permanent · Ho Chi Minh City
PHV
Manager, Quality Assurance – Process Engineer
Permanent · Ho Chi Minh City
PHV
Manager, Merchandising
Permanent · Ho Chi Minh City
H&M
Sourcing & Capacity Development Specialist
Permanent · HO CHI MINH CITY
H&M
3pl Business Expert - Import, Export And Controlling
Permanent · BIEN HOA
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Tại Vincom Plaza hạ Long
Permanent · HẠ LONG
ADIDAS
Senior Footwear Designer
Permanent · HO CHI MINH CITY
H&M
Store Department Manager (Quản lý Ngành Hàng Tại Cửa Hàng) - đà Nẵng Based
Permanent ·
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Department Manager (Quản lý Ngành Hàng) - Khu Vực Ocean Park Gia Lâm
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Vincom Times City
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Tại Vincom Plaza hạ Long
Permanent · HẠ LONG
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Times City
Permanent · HANOI
H&M
Visual Merchandiser (Phụ Trách Trưng Bày Làm Việc Tại Cửa Hàng) - hồ Chí Minh Based
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Khu Vực Royal City - hà Nội (Bán Thời Gian và Toàn Thời Gian)
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Mega Mall Times City, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực hà Đông, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Gia Lâm - hà Nội
Permanent · HANOI
Published
May 6, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Joules adds ESG targets to finance deal

Published
May 6, 2021

In a further sign of how important environmental, social, and governance-linked (ESG) issues are these days, lifestyle retailer Joules has announced a renewal of its funding deal with a strong ESG element included.


Joules/Center Parcs



The company said it has extended its current funding arrangements with Barclays Bank that include a £25 million revolving credit facility and £9 million term loan, to September 2024. And it has converted the facility to an ESG-linked financing arrangement.

The new agreement links the margin on the facility with the retailer’s performance against three Sustainability Performance Targets (SPTs) that are aligned with its ESG focus areas. 

It means the company will benefit from a lower interest rate loan margin if it delivers on targets such as reducing its carbon emission intensity; using 100% more sustainable materials in the manufacturing of its products; and increasing its employee engagement score.

The firm will report its progress against each of these targets alongside the publication of its annual results every year.

And it said the new arrangement reflects its strong commitment to operating responsibly and sustainably “to the benefit of its employees, communities, and the environment”.

CEO March Dench added that the new finance deal "further enhances the group's robust financial position and, importantly, further aligns Joules' sustainability commitments, which are central to our business purposes, to the group's long-term financial strategy and performance.

“With growth comes responsibility. The decision to link this financing to our ESG focus areas reflects the group's stated commitments to create value for all stakeholders by reducing its environmental footprint and positively impacting the people we work with, the communities we're based in, and the world around us.”

Copyright © 2023 FashionNetwork.com All rights reserved.