The Financial Industry Business Ontology (FIBO) defines the sets of things that are of interest in financial business applications and the ways that those things can relate to one another. In this way, FIBO can give meaning to any data (e.g., spreadsheets, relational databases, XML documents) that describe the business of finance.
The EDM Council has several emerging concepts related to sustainability and ESG. Some of these require definitions including 'green loan', 'sustainability-linked loan', and 'transition loan'. Several additional clauses are needed with respect to contracts and/or loans in general that we do not currently have, such as 'Purpose / use of proceeds', 'Information undertakings/covenants', and Disclosures. Also needed is the notion of a key performance indicator, etc.
The EDM Council has several emerging concepts related to sustainability and ESG. Some of these require definitions including 'green loan', 'sustainability-linked loan', and 'transition loan'. Several additional clauses are needed with respect to contracts and/or loans in general that we do not currently have, such as 'Purpose / use of proceeds', 'Information undertakings/covenants', and Disclosures. Also needed is the notion of a key performance indicator, etc.
Relevant resources: https://www.lsta.org/content/sustainability-linked-loan-principles-sllp/ https://www.lsta.org/app/uploads/2023/02/LSTA-Sustainable-Lending-Library.pdf https://www.addleshawgoddard.com/en/insights/insights-briefings/2020/financial-services/green-loans-and-sustainability-linked-loans-what-is-the-difference/ https://www.icmagroup.org/assets/documents/Regulatory/Green-Bonds/LMA_Green_Loan_Principles_Booklet-220318.pdf