Indian firms warm up to ESG bonds in capital-raising plans
Updated Aug 03, 2021 04:10 am
- The growing importance of ESG or environmental, social and governance(in corporate boardrooms) in India is now also being reflected in the capital-raising plans of India Inc, with Indian companies raising almost $5 billion through ESG bonds so far in 2021, higher than the amount raised in any of the previous years.
- Indian companies raised $4.94 billion through ESG bonds, including green bonds, with the largest contribution coming from green bonds raised by renewable energy producers such as Greenko, ReNew Power and JSW Hydro Energy, according to data from financial markets tracker Refinitiv.
local_offerTags: Indian firms ESG bonds capital raising plans
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