L&T Lists India's First ESG Bonds on NSE, Raises ₹500 Cr

Imagine a company called L&T is trying to be a good citizen of the world, especially when it comes to the environment.

They did something new and special: they created "ESG bonds."

ESG bonds are a way for the company to promise it will do things to help the environment and be a better company.

To do this, they raised money by selling these bonds.

These bonds are worth ₹500 crore and will be paid back in three years.

L&T wants to use the money to reach goals like using less water and reducing their carbon footprint.

The company hopes to be friendly to the environment, the new ESG bond helps show how serious they are.