Archive · 29 Sep 2025
L&T Secures $700M Sustainability-Linked Trade Facility
Larsen & Toubro, a large Indian company, got a $700 million loan from Standard Chartered.
This loan is linked to how well L&T does at being sustainable, like reducing pollution and water use.
DNV will check their progress.
The deal is part of L&T's plan to be carbon neutral by 2040 and water neutral by 2035.
This follows their $60 million sustainability bond in June.
The bank will support their sustainability targets.
L&T works on large projects worldwide.
L&T secured a $700 million Sustainability-Linked Trade Facility (SLTF) with Standard Chartered.
The SLTF is tied to key performance indicators like emissions and water usage.
The facility aligns with the Loan Market Association’s Sustainability-Linked Loan Principles.
L&T previously issued a $60 million sustainability-linked bond in June.
L&T is a multinational company in EPC projects, manufacturing, and services.
- Who
- Larsen & Toubro (L&T) and Standard Chartered
- What
- L&T secured a $700 million Sustainability-Linked Trade Facility (SLTF)
- When
- Announced on Monday, September 29, 2025, following a June issuance of ESG bond.
- Where
- Not specified
- Why
- To reinforce L&T’s sustainability goals and commitment to green financing.
Company Viewpoint
Industry Standard
Sustainability-Linked Loan Principles
Company Viewpoint
A tool to reinforce the company's sustainability goals.
Industry Standard
The standard by which green financing is measured.
- Company
- Larsen & Toubro (L&T)
- Facility Amount
- $700 million
- Facility Type
- Sustainability-Linked Trade Facility (SLTF)
- Lender
- Standard Chartered
- KPIs
- Greenhouse gas emissions, freshwater withdrawal
- Alignment
- Loan Market Association’s Sustainability-Linked Loan Principles
