Financing the Carbon Revolution stage at FOOTPRINT+
Last week our Head of Impact, Sarah Milne took to the ‘Financing the Carbon Revolution’ stage at FOOTPRINT+ to discuss ‘Impact Lending: Practically implementing ESG’ alongside fellow panelists Eleni Polychroniadou, CEO at Sintali and Deepshikha Mittal, Associate at Hollis.
Expertly chaired by Liz Hamson, Editor-in-Chief at BE News, Sarah kicked off the session by outlining the rationale behind launching our own Impact Lending Framework (ILF).
With engaging questions from the audience, the panel then discussed a number of topics focused on the opportunities and challenges for SME developers when it comes to delivering sustainable builds, including:
✅ Confusion in the market – with so much noise around ESG, it’s challenging for SME developers to understand which solution is right for them.
✅ Standardisation – the industry needs to be more joined up in how impact lending solutions are delivered to the sector. Less jargon, more consistency!
✅ Collaboration is the key to driving adoption going forwards – the whole sector needs to talk to each other to drive change.
When it comes to the future of impact lending, the panel were in agreement that the first step for any developer is to make a start, however small.
At Puma we believe property lenders are uniquely placed to incentivise the adoption of more sustainable and impactful practices within the built environment. Our Impact Lending Framework is an innovative new lending offering for developers of residential and commercial real estate that offers direct financial incentives to deliver high levels of sustainability or social impact.
By Puma Property Finance