ESG-linked fatoring Qorus Banking Innovation Awards 2023

• Not all clients are in need of long-term loan, which is a based product for the Sustainability-Linked Loan – a loan with margin depending on meeting the specific ESG goals. • One of key challenges for corporates is engaging their value chain to reduce carbon footprint and address other ESG issues. • The solution to this challenges is to adjust the concept of Sustainability-Linked Loan to factoring solution. While financing receivables the focus is on the Client and their ESG strategy. While financing liabilities in form of supply chain financing programme the focus is on the contractors and suppliers ESG practices. We are working with clients on both approaches.