{"id":38373,"date":"2022-05-25T15:26:00","date_gmt":"2022-05-25T14:26:00","guid":{"rendered":"https:\/\/sustainability.glos.ac.uk\/?p=38373"},"modified":"2022-08-01T15:27:17","modified_gmt":"2022-08-01T14:27:17","slug":"landmark-esg-finance-deal-for-city-campus","status":"publish","type":"post","link":"https:\/\/sustainability.glos.ac.uk\/landmark-esg-finance-deal-for-city-campus\/","title":{"rendered":"Landmark ESG finance deal for City Campus"},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; custom_padding=&#8221;0px||||false|false&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<p><strong>University of Gloucestershire is one of the first universities in the UK to secure funding linked to our commitment to Environmental, Social and Governance (ESG) goals.<\/strong><\/p>\n<p>The University has secured \u00a329million in ESG linked loans from Barclays that will contribute to supporting our ambitious<span>\u00a0<\/span><a href=\"http:\/\/link.mediaoutreach.meltwater.com\/ls\/click?upn=JWs8T3SkywTTYIJt3iczWI2kcCQfKenqIXGjv2daqKMXkB4Z0j1FzA3CBvtmWYUGVrRp_-2BreFwp4Oweh8Otz5o0JsqzC9UAoMNlEGcGIzLqNGSvBvrR0PQcdUlz3GOlqzfdCulaSYN7FiaBFfJhXa20Vu-2FL-2B-2FEM2GZTPAW6vrvyJaHeBtgKvWB-2FhARzNkmd6rH9Iv4t6YckfhQOubvCCk2hL3E2TNU480txUoUK-2FRDlZ-2F6eGKfHYaf-2Bju03aJmtf-2F29mUeHziQSD6Pg8zDCsrHwtukgP32eNk3YGNV8bJ9lamy8DClO3uBn4R22TaSUvUQ0cHbPmOcrcSdaJdYCRDV7rtocjv6UO-2FSY3hufLyVFORehumuE9y-2FbNvRh9MKZGmrewyUqqQ7AHOOgedu12qDexKa2-2FcxV-2BhMyBoscsG7JrbhwpV3ifG7Vkwk96SbmjEyJrR\">City Campus<\/a><span>\u00a0<\/span>development and ESG goals:<\/p>\n<ul>\n<li>to recruit a higher proportion of UK-domiciled young BAME students<\/li>\n<li>to widen access, engagement and participation for students from deprived areas<\/li>\n<li>to reduce gas and electricity carbon<sub><span>\u00a0<\/span><\/sub>emissions as part of our commitment to be Net Zero by 2030<\/li>\n<\/ul>\n<p class=\"\">The ESG monitoring metrics agreed by the University and Barclays will be annually assessed to ensure the University is making progress in fulfilling its ambitious targets.<\/p>\n<p class=\"\">The development of the former Debenhams building into an inclusive, diverse and modern University teaching and learning environment, City Campus, is part of significant plans to regenerate and revitalise Gloucester city centre.<\/p>\n<p class=\"\">As well as training the region\u2019s future nurses and teachers, it is estimated that over its lifetime, City Campus will add over \u00a3300 million of direct and indirect value to the county\u2019s economy, as well as more than 4,000 jobs.<\/p>[\/et_pb_text][et_pb_testimonial author=&#8221;Camille Stallard&#8221; portrait_url=&#8221;https:\/\/sustainability.glos.ac.uk\/wp-content\/uploads\/2022\/08\/Camille-Stallard.jpg&#8221; _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; job_title=&#8221;Chief Financial Officer&#8221; company_name=&#8221;University of Gloucestershire&#8221; title_text=&#8221;Camille Stallard&#8221;]<p class=\"\">As a market leader in sustainability within the Higher Education, we\u2019re always driving forward our ambition to reach Net Zero by 2030.\u00a0In being prepared to sign up to the ESG linked financing, we\u2019ve shown that as an organisation, we\u2019re willing to put our money where our mouth is and that we will deliver on our commitments to decarbonisation.<\/p>[\/et_pb_testimonial][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; column_structure=&#8221;3_5,2_5&#8243;][et_pb_column _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; type=&#8221;3_5&#8243;][et_pb_text _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<p class=\"\">As part of our decarbonisation drive, we have also secured funding from the Department for Business, Energy and Industrial Strategy (BEIS) as part of its Public Sector Decarbonisation Scheme, delivered by Salix.\u00a0The scheme aims to put the public sector at the forefront of decarbonising buildings in the UK.<\/p>\n<p class=\"\">We&#8217;ve secured <a href=\"http:\/\/link.mediaoutreach.meltwater.com\/ls\/click?upn=JWs8T3SkywTTYIJt3iczWI2kcCQfKenqIXGjv2daqKMW2mkWmtLC-2B20qPi1ijvfcvg8p-2Fkpp5jn-2FK4YuzeCbRygkdCXDEMnSVtwtI-2B-2BddHhvo4L6AGK3bg0TOzkNchPrfKzEEsl-2FIAUcn2HzzNkN5Q-3D-3D7Bm4_-2BreFwp4Oweh8Otz5o0JsqzC9UAoMNlEGcGIzLqNGSvBvrR0PQcdUlz3GOlqzfdCulaSYN7FiaBFfJhXa20Vu-2FL-2B-2FEM2GZTPAW6vrvyJaHeBtgKvWB-2FhARzNkmd6rH9Iv4t6YckfhQOubvCCk2hL3E2TNU480txUoUK-2FRDlZ-2F6eGKfHYaf-2Bju03aJmtf-2F29mUeHziQSD6Pg8zDCsrHwtukveu841wIaks99EtpL-2BLCIKbUgXtjoIdVcjLAO3TtuuoMxo1xYFZbr-2FnRKBs-2FMT-2F6Qd3j341mOoKKgHSeVKJDcmpdU2AmPC9xiz1BAcp2mfQHITsD6K3XRI0puH42Np5ACKUjlJCr1NDLd6ydIEYLKLcsR4Ryis57r3Hv7KpMuNt\" target=\"_blank\" rel=\"noreferrer noopener\">a funding award of \u00a33.3million<\/a>\u00a0from the scheme will allow for significant heat decarbonisation measures at City Campus.<\/p>[\/et_pb_text][et_pb_testimonial author=&#8221;Elise Sharpe&#8221; portrait_url=&#8221;https:\/\/sustainability.glos.ac.uk\/wp-content\/uploads\/2022\/08\/Elise-Sharp.jpg&#8221; _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; company_name=&#8221;Salix Finance&#8221; job_title=&#8221;Programme Coordinator&#8221; title_text=&#8221;Elise Sharp&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<p class=\"\">We are delighted to see such incredible progress being made at the University and how this work is decarbonising the heating systems, reducing energy consumption across the campuses. It is part of the University\u2019s bigger picture and will make a major contribution in meeting its net zero goals.<\/p>[\/et_pb_testimonial][\/et_pb_column][et_pb_column _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; type=&#8221;2_5&#8243;][et_pb_image src=&#8221;https:\/\/sustainability.glos.ac.uk\/wp-content\/uploads\/2022\/08\/CGI-of-City-Campus-exterior-former-Debenhams-building-at-dusk-1024&#215;683-1.jpg&#8221; _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; title_text=&#8221;CGI of City Campus exterior former Debenhams building at dusk-1024&#215;683&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][et_pb_cta button_text=&#8221;  &#8221; _builder_version=&#8221;4.17.6&#8243; header_level=&#8221;h1&#8243; header_font=&#8221;||||||||&#8221; header_text_color=&#8221;#3E77C0&#8243; header_font_size=&#8221;25px&#8221; body_font=&#8221;||||||||&#8221; background_color=&#8221;#f1f2f3&#8243; background_image=&#8221;https:\/\/sustainability.glos.ac.uk\/wp-content\/uploads\/2019\/07\/aside-box-mesh-bg.png&#8221; background_size=&#8221;contain&#8221; background_position=&#8221;bottom_right&#8221; custom_button=&#8221;on&#8221; button_text_color=&#8221;#ffffff&#8221; button_font=&#8221;||||||||&#8221; text_orientation=&#8221;left&#8221; background_layout=&#8221;light&#8221; custom_margin=&#8221;-1px|||||&#8221; custom_padding=&#8221;20px|20px|10px|20px&#8221; link_option_url=&#8221;https:\/\/uniofglos.blog\/2019\/01\/24\/live-smart\/&#8221; link_option_url_new_window=&#8221;on&#8221; hover_enabled=&#8221;0&#8243; box_shadow_style=&#8221;preset3&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<h3>Find out more<\/h3>\n<ul class=\"arrow-list\" style=\"padding-top: 20px;\">\n<li><a href=\"https:\/\/www.glos.ac.uk\/city-campus\/\">City Campus &#8211; our pioneering sustainability development<\/a><\/li>\n<li><a href=\"https:\/\/sustainability.glos.ac.uk\/our-sustainable-university\/energy-carbon\/\">Energy and Carbon at UOG<\/a><\/li>\n<li><a href=\"https:\/\/www.glos.ac.uk\/net-zero\/\">Carbon Net Zero Strategy<\/a><\/li>\n<\/ul>[\/et_pb_cta][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_column _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; type=&#8221;4_4&#8243;][et_pb_image src=&#8221;https:\/\/sustainability.glos.ac.uk\/wp-content\/uploads\/2022\/03\/CGI-of-City-Campus-exterior-former-Debenhams-building-in-daytime-e1647257115945.jpg&#8221; _builder_version=&#8221;4.17.6&#8243; _module_preset=&#8221;default&#8221; title_text=&#8221;CGI of City Campus exterior (former Debenhams building) in daytime (crop)&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p>University of Gloucestershire is one of the first universities in the UK to secure funding linked to our commitment to Environmental, Social and Governance (ESG) goals. The University has secured \u00a329million in ESG linked loans from Barclays that will contribute to supporting our ambitious\u00a0City Campus\u00a0development and ESG goals: to recruit a higher proportion of UK-domiciled [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":38381,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"1080","footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Landmark ESG finance deal for City Campus<\/title>\n<meta name=\"description\" content=\"Landmark ESG finance deal for City Campus\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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