DNV supports India's first ESG bond issuance by L&T under New Framework for Sustainable Finance
India, Aug. 12 -- DNV, the independent assurance and risk management provider, has issued a Second-Party Opinion (SPO) on L&T's ESG Finance Framework.DNV's Second-Party Opinion confirmed that L&T's ESG Finance Framework aligns with the rigorous standards laid out in the Securities and Exchange Board of India's (SEBI) regulatory guidance, ensuring that the framework meets both Indian and international sustainable finance norms.This independent assessment supports India's first listed ESG bond issuance by L&T, a landmark INR 500 crore (5 billion INR) deal under SEBI's newly introduced ESG and sustainability-linked finance framework, marking a significant stride for the country's sustainable finance landscape.This milestone not only breaks new...
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