Latest news and insights from Australia’s airports

Adelaide Airport signs Australian-first sustainability loan

Adelaide Airport has signed a sustainability performance linked loan in an Australian-first.

The loan seeks to incentivise a borrower to further improve its performance against a set of Environment, Social and Governance (ESG) criteria.

Adelaide Airport Managing Director Mark Young said the airport worked hard to embed the principles of sustainable business practice throughout its operations.

“Creating an explicit link between our financing and long term sustainability credentials – including risk management, governance, our culture, the value we place upon our people and our relationships with our customers and stakeholders – is a key milestone for our business as we seek to further integrate sustainability within our day-to-day operations,” Mr Young said.

“As the gateway to South Australia, Adelaide Airport is a key piece of community infrastructure and an important contributor to the State’s economic success and we are proud to be contributing to the State’s growth in a sustainable way.”

The seven year loan is provided by ANZ.


You May Also Like

NT Airports CEO honoured for business leadership in the arts

Sydney Airport Lost Property Auction kicks off

Adelaide Airport releases preliminary master plan

Brisbane Airport passenger numbers rise again in 2018-19

Leave a Reply

Your email address will not be published. Required fields are marked *