Camper Mallorcan footwear company has formalised a new revolving credit line for the development of a type of footwear with ecological awareness that minimizes environmental impact.
This agreement, carried out in accordance with the Sustainability Linked Loan Principles of the Loan Market Association, is linked to the evolution of the ESG parameters (Environmental, Social and Governance). In this way, if improvements are made to your initial sustainability assessment, the interest rate on the loan is reduced.
Camper follows in the footsteps of Prada, which recently signed an agreement with Crédit Agricole Group to obtain fifty million euros in five years, adjusted to the sustainability achievements of the Italian company.