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What is the definition of ESG Funding? ESG funding is widely seen as a way of funding sustainably, meaning where underwriting and funding decisions are made with consideration of the environment and human wellbeing, as well as the impact of the economy.
It is the increasing belief that the financial performance of projects is increasingly affected by environmental and social factors. ESG funding to Universal Credit Group means using Environmental, Social and Governance factors to evaluate projects on how their business model effects society as a whole. Underwriting utilizes these three metrics and are integrated into Universal Credit Group's 7 element approval process.