2019 was a busy and successful year. We created a global Sustainability Task Force, composed of representatives from all our operating regions and global corporate experts, to tackle some of the most pressing items on our sustainability agenda.
We are happy to report significant progress against our GHG emission reduction objectives. We have also secured a sustainability-linked credit facility with our banking syndicate, which was a first for a professional services firm in the Americas at the time of announcement. This means that achieving ambitious targets around GHG reduction, our Green Revenue and the percentage of women we have in leadership roles will enable us to reduce the cost of credit. Conversely, if we fail to maintain these metrics at the levels they were at the time of entering into the sustainability-linked credit facility, our borrowing costs will be higher.
We also conducted an internal gap analysis against TCFD disclosure items, with a view to improved alignment with the recommendations. Finally, we were pleased that our efforts were recognized as we were named “Most Sustainable Company in the Engineering Industry – 2019” by World Finance magazine.