Mumbai (Maharashtra) [India], September 30 (ANI): Having issued India's first listed sustainability-linked Bond, for USD 60 million, under the Securities and Exchange Board of India 's (SEBI) ESG Bond Framework in June this year, Indian multinational conglomerate Larsen & Toubro (L&T) has now secured a Sustainability-Linked Trade Facility (SLTF) worth USD 700 million with Standard Chartered.

The development underscores L&T's commitment to sustainable business practices and its ongoing efforts to expand its sustainable business portfolio.

The SLTF is tied to specified key performance indicators (KPI) such as the intensity of greenhouse gas emissions and freshwater withdrawal, and targets that are crucial to L&T's business operations. It is also aligned with the Loan Market Association

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