This article is provided by BRC Associate Member, Grant Thornton.
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Grant Thornton’s survey of nearly 50 UK-based lenders sheds light on how ESG is influencing access to credit and take-up of sustainable finance for the mid-market. While challenging economic conditions have led firms to prioritise other issues, mid-market firms - including those in the Retail sector - should not be lulled into a false sense of security. Lenders’ commitment to net zero transition continues to drive a focus on the ESG status of their mid-market borrowers. Firms need to stay ahead of their sustainability story to maintain access to cost effective capital.
Key highlights from our 2024 survey include: