DCM Shriram secures ?100m sustainable finance
ECONOMY & POLICY

DCM Shriram secures ?100m sustainable finance

DCM Shriram, a leading conglomerate in India, has recently announced securing a significant sustainable finance deal worth ?100 million from Standard Chartered Bank. This financing marks a crucial step for DCM Shriram towards advancing its sustainability initiatives while bolstering its financial stability. The infusion of funds from Standard Chartered Bank underscores the growing trend of financial institutions prioritising sustainable investments to support environmentally conscious enterprises.

The ?100 million sustainable finance package will be utilised by DCM Shriram to fuel its various sustainable development projects across its diverse business verticals. This includes initiatives aimed at reducing carbon footprint, enhancing energy efficiency, promoting renewable energy adoption, and implementing eco-friendly practices throughout its operations. By leveraging this sustainable finance, DCM Shriram aims to reinforce its commitment to environmental sustainability while driving innovation and operational excellence across its business spectrum.

Standard Chartered Bank's decision to extend this significant sustainable finance facility to DCM Shriram underscores the bank's dedication to fostering sustainable development and supporting businesses committed to environmental stewardship. The partnership between DCM Shriram and Standard Chartered Bank exemplifies the collaborative efforts required from corporations and financial institutions to address pressing environmental challenges and achieve long-term sustainability goals.

With sustainability becoming a central focus for businesses worldwide, DCM Shriram's strategic collaboration with Standard Chartered Bank sets a precedent for responsible corporate financing practices. This move not only demonstrates DCM Shriram's proactive approach towards mitigating environmental impacts but also highlights its alignment with global sustainability agendas and ESG (Environmental, Social, and Governance) principles.

As DCM Shriram embarks on this journey towards sustainability with the support of Standard Chartered Bank, it sets a compelling example for other corporations to follow suit, driving the transition towards a more sustainable and environmentally conscious business landscape

DCM Shriram, a leading conglomerate in India, has recently announced securing a significant sustainable finance deal worth ?100 million from Standard Chartered Bank. This financing marks a crucial step for DCM Shriram towards advancing its sustainability initiatives while bolstering its financial stability. The infusion of funds from Standard Chartered Bank underscores the growing trend of financial institutions prioritising sustainable investments to support environmentally conscious enterprises. The ?100 million sustainable finance package will be utilised by DCM Shriram to fuel its various sustainable development projects across its diverse business verticals. This includes initiatives aimed at reducing carbon footprint, enhancing energy efficiency, promoting renewable energy adoption, and implementing eco-friendly practices throughout its operations. By leveraging this sustainable finance, DCM Shriram aims to reinforce its commitment to environmental sustainability while driving innovation and operational excellence across its business spectrum. Standard Chartered Bank's decision to extend this significant sustainable finance facility to DCM Shriram underscores the bank's dedication to fostering sustainable development and supporting businesses committed to environmental stewardship. The partnership between DCM Shriram and Standard Chartered Bank exemplifies the collaborative efforts required from corporations and financial institutions to address pressing environmental challenges and achieve long-term sustainability goals. With sustainability becoming a central focus for businesses worldwide, DCM Shriram's strategic collaboration with Standard Chartered Bank sets a precedent for responsible corporate financing practices. This move not only demonstrates DCM Shriram's proactive approach towards mitigating environmental impacts but also highlights its alignment with global sustainability agendas and ESG (Environmental, Social, and Governance) principles. As DCM Shriram embarks on this journey towards sustainability with the support of Standard Chartered Bank, it sets a compelling example for other corporations to follow suit, driving the transition towards a more sustainable and environmentally conscious business landscape

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code