"Crédit Agricole CIB is proud to partner with ENEL in establishing the first Sustainability-Linked Forex derivative programme. Its launch is a clear success demonstrating the important role derivatives can play in sustainable finance, the transversality of the Sustainability-Linked Bonds Principles and the ever increasing innovation capacity of ENEL in sustainable finance." commented Tanguy Claquin, Global Head of Sustainable Banking. "The innovative feature of the agreement is connected to the ability to link ENEL long term Sustainability Targets with short term FX transactions. Moreover, the Sustainability Premium mechanism is applied to all FX derivatives traded with ENEL in 2021, enlarging the spectrum of financial transactions falling under the scope of sustainable finance." added Carlotta Martoglio, Head of Corporate Sales Italy.