L&T Secures $700 Mn Sustainability-Linked Trade Facility Amid Stock Downgrade

has raised a $700 million Sustainability-Linked Trade Facility with Standard Chartered, tied to performance metrics such as greenhouse gas emission intensity and freshwater withdrawal, and aligned with global sustainability-linked loan principles. This follows its earlier $60 million sustainability-linked bond issuance, further reinforcing its goals of carbon neutrality by 2040 and water neutrality by 2035. The financing will be independently reviewed annually, ensuring transparency and compliance with global standards. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.