Case Study: Downer achieves credible sustainability-linked financing with Sustainalytics

Downer links financing to sustainability goals with Sustainalytics in 6 weeks

Downer, a leading infrastructure and facilities conglomerate in Australia and New Zealand, sought to link its corporate financing to its sustainability ambitions. Their challenge was to structure a credible sustainability-linked loan (SLL) that would demonstrate their commitments to stakeholders and meet market best practices. To achieve this, they needed an independent second-party opinion on their selected key performance indicators from a provider like Sustainalytics.

Sustainalytics provided a second-party opinion on the KPIs for Downer's loan, assessing their materiality, relevance, and ambitiousness. This opinion lent credibility to the agreement, enabling Downer to successfully secure its SLL and clearly explain the ESG targets to its lenders. The solution from Sustainalytics allowed Downer to demonstrate sustainability leadership, achieve its financing objectives, and publicly showcase its transparency to investors.

Downer