Standard Chartered Paves the Way for Sustainable Real Estate with India’s First Listed Green NCDs
Standard Chartered has made a significant stride in the Indian real estate sector by arranging the country's first listed green non-convertible debentures (NCDs) for a real estate developer. This move underscores the growing importance of sustainable financing in the industry.
Green NcdsSustainable FinanceReal EstateStandard CharteredEnvironmental SustainabilityReal Estate MaharashtraNov 12, 2025
Standard Chartered, a leading international banking group, has achieved a milestone in the Indian real estate sector by arranging the country's first listed green non-convertible debentures (NCDs) for a real estate developer. This groundbreaking initiative highlights the increasing focus on sustainable financing solutions in the industry.
The green NCDs, which have been listed on the Bombay Stock Exchange (BSE), are designed to support projects that meet stringent environmental standards. These include green buildings, renewable energy installations, and other sustainable infrastructure developments. The proceeds from these NCDs will be used to finance or refinance eligible green projects, thereby contributing to the reduction of carbon emissions and the promotion of environmental sustainability.
Standard Chartered’s role in this project demonstrates the bank’s commitment to promoting sustainable finance and supporting the transition to a low-carbon economy. The bank has been at the forefront of green financing initiatives, providing innovative solutions to help clients meet their environmental, social, and governance (ESG) goals.
According to a spokesperson from Standard Chartered, “This landmark transaction sets a new standard for the real estate sector in India. By offering green NCDs, we are not only helping developers access much-needed capital but also encouraging them to adopt more sustainable practices. This is a win-win situation for all stakeholders, including investors, developers, and the environment.”
The real estate developer, whose name has not been disclosed, is a prominent player in the Indian market, known for its commitment to sustainable development. The company has a track record of delivering high-quality projects that prioritize environmental considerations. The proceeds from the green NCDs will be used to fund several green projects, including the development of energy-efficient buildings and the installation of solar power systems.
The listing of these green NCDs on the BSE is expected to attract a wide range of investors, including institutional investors, high-net-worth individuals, and retail investors who are interested in sustainable investment opportunities. The debut of these NCDs is a significant step towards creating a more sustainable and resilient real estate sector in India.
In addition to the financial benefits, the green NCDs are expected to have a positive impact on the environment. By channeling funds into green projects, the NCDs will help reduce the carbon footprint of the real estate sector and contribute to India’s efforts to meet its climate goals. The Indian government has set ambitious targets for reducing greenhouse gas emissions and transitioning to a greener economy, and initiatives like these play a crucial role in achieving those goals.
Standard Chartered’s success in arranging the first listed green NCDs in India is a testament to the bank’s expertise in sustainable finance and its commitment to driving positive change. As the real estate sector continues to grow, the demand for sustainable financing solutions is likely to increase, and Standard Chartered is well positioned to meet this demand.
In conclusion, the listing of India’s first green NCDs by a real estate developer is a significant milestone that highlights the growing importance of sustainable finance in the real estate sector. Standard Chartered’s role in this initiative demonstrates the bank’s leadership in promoting sustainable practices and supporting the transition to a low-carbon economy. This development is expected to have a positive impact on both the environment and the real estate market in India.
Frequently Asked Questions
What are green NCDs?
Green NCDs (Non-Convertible Debentures) are financial instruments used to raise capital for projects that meet specific environmental standards, such as green buildings and renewable energy installations.
Why are green NCDs important for the real estate sector?
Green NCDs are important for the real estate sector because they provide a sustainable financing solution that helps developers fund environmentally friendly projects, reduce carbon emissions, and meet ESG goals.
Which bank arranged the first listed green NCDs in India?
Standard Chartered arranged the first listed green NCDs in India for a real estate developer, setting a new standard for sustainable finance in the country.
What are the benefits of investing in green NCDs?
Investing in green NCDs offers financial returns while supporting sustainable development and environmental goals. They are attractive to investors who are interested in responsible investing.
How will the proceeds from these green NCDs be used?
The proceeds from the green NCDs will be used to finance or refinance eligible green projects, such as the development of energy-efficient buildings and the installation of solar power systems.
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