Infrastructure giant Larsen & Toubro (L&T) announced on Friday that it will raise ?500 crore by issuing ESG bonds.
ESG bonds are debt instruments aimed at funding projects with environmental, social, or governance objectives.
In a statement, the company said, "L&T has launched a ?500 crore ESG bond issuance, becoming the first Indian corporate to do so under SEBI’s newly introduced ESG and sustainability-linked bond framework."