The SLTF is structured around measurable environmental performance indicators, specifically targeting reductions in greenhouse gas emissions intensity and freshwater withdrawal. These KPIs are aligned with the Loan Market Association’s Sustainability-Linked Loan Principles, ensuring global best practices in sustainable finance. Independent assurance firm DNV has provided a second-party opinion on the robustness of these targets, and L&T has committed to annual third-party verification to maintain transparency and stakeholder trust.
An L&T spokesperson emphasized that the facility supports the company’s long-term goals of achieving carbon neutrality by 2040 and water neutrality by 2035. “Sustainability is not just a compliance metric—it’s embedded in our corporate DNA,” the spokesperson said, highlighting L&T’s investments in low-carbon technologies, biodiversity conservation, and resource optimization.
Standard Chartered’s Head of Sustainable Finance Origination, Shobana Chawla, noted the bank’s strategic role in supporting India’s transition to a greener economy. “This facility enables us to partner with L&T on their decarbonisation journey, helping deliver on ambitious sustainability targets,” she said.
The SLTF not only strengthens L&T’s ESG credentials but also signals growing investor confidence in the company’s responsible growth strategy. With this move, L&T continues to position itself as a frontrunner in sustainable infrastructure development, setting benchmarks for corporate India in climate-conscious financing.
