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

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

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

Next Story
Infrastructure Urban

Bain Capital Invests in Dhoot Transmission Group to Accelerate Growth

Dhoot Transmission Group, a prominent manufacturer of automotive components, has announced a strategic growth investment from Bain Capital. This partnership with founder and CEO Rahul Dhoot will leverage Bain Capital's automotive expertise to drive innovation, expand global reach, and explore high-growth segments through acquisitions and partnerships.Founded in 1999, Dhoot Transmission Group specializes in manufacturing wiring harnesses for two-wheelers, three-wheelers, and other vehicles, including both internal combustion engine (ICE) and electric vehicle (EV) segments. The company has diver..

Next Story
Infrastructure Energy

Indian Oil Corp Eyes Sour Crude from Spot Market

Indian Oil Corporation (IOC), the largest oil refiner in India by capacity, is actively seeking to procure high-sulphur crude oil through spot tenders. This marks the company's first initiative to import sour crude oil since March 2022, according to insights shared by trade sources on Thursday. Sour crude, known for its higher sulphur content, is commonly used by complex refineries capable of processing such grades efficiently. In addition to the sour crude tender, IOC has also floated a separate tender for sweet crude oil, a variety with lower sulphur content that typically requires less int..

Next Story
Infrastructure Urban

Indian Carmakers Gear up for EV Push in 2025 Despite Global Slowdown

Automakers in India are preparing to launch nearly a dozen new electric car models this year, many targeting the premium market. These vehicles are expected to feature extended driving ranges and faster charging capabilities, aimed at attracting consumers amid a global slowdown in demand for electric vehicles (EVs). Electric cars are set to dominate India's five-day auto show in New Delhi starting Friday. The event will showcase models from Vietnamese newcomer VinFast, alongside domestic players such as Maruti Suzuki and Mahindra & Mahindra, as well as international competitors including BYD,..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000