Archive · 6 Jun 2025
L&T Issues India's First Listed ESG Bond for ₹500 Crores
L&T, a big engineering company in India, is issuing a new type of bond called an ESG bond.
It's like a loan, but it's used for projects that help the environment and society.
This bond is worth ₹500 crore and HSBC is helping to manage it.
This is a first for India under SEBI's new rules to make sure companies are doing good things.
L&T wants to use less water and reduce greenhouse gases, aiming for water neutrality by 2035 and carbon neutrality by 2040.
Larsen & Toubro (L&T) will raise ₹500 crore via ESG bonds.
L&T is the first Indian corporate to do so under SEBI's framework.
HSBC is the sole lead arranger for the transaction.
The issuance complies with SEBI's new ESG regulatory framework.
L&T aims for water and carbon neutrality goals.
- Who
- Larsen & Toubro (L&T)
- What
- Issued India's first listed ESG bond
- When
- Not explicitly mentioned
- Where
- India
- Why
- To promote sustainable development
- Bond Issuance Amount
- ₹500 crore
- Sole Lead Arranger
- HSBC
- Compliance
- SEBI's ESG Framework
- Sustainability Goal
- Water neutrality by 2035
- Sustainability Goal
- Carbon neutrality by 2040
