ICICI Bank & Shriram Finance Shine as Leaders in Sustainability: Recognised by BT India

2025-06-06
ICICI Bank & Shriram Finance Shine as Leaders in Sustainability: Recognised by BT India
Business Today

New Delhi, India – In a significant recognition of their commitment to environmental, social, and governance (ESG) principles, ICICI Bank and Shriram Finance have been lauded as among India's Most Sustainable Companies in the finance sector. The prestigious award was presented at the 2025 BT India summit held in New Delhi, highlighting their exemplary performance and leadership in sustainable business practices.

A Growing Focus on Sustainability in Indian Finance

The recognition comes at a crucial time as sustainability increasingly becomes a core consideration for businesses across all sectors in India. Investors, customers, and regulators are all placing greater emphasis on companies demonstrating a genuine commitment to responsible and sustainable operations. The BT India’s Most Sustainable Companies initiative serves as a benchmark for excellence, identifying organizations that are not only financially successful but also actively contributing to a more sustainable future.

ICICI Bank: A Pioneer in ESG Integration

ICICI Bank has long been a frontrunner in integrating ESG factors into its core business strategy. Their initiatives span a wide range of areas, including renewable energy financing, promoting financial inclusion, and reducing their own environmental footprint. The bank's commitment extends beyond mere compliance; they actively seek opportunities to create positive social and environmental impact through their lending and investment decisions. This dedication has solidified their position as a leader in responsible banking.

Shriram Finance: Driving Sustainable Rural Growth

Shriram Finance, a leading provider of finance to rural communities and small businesses, received recognition for its focus on sustainable rural development. Their financing solutions empower farmers, entrepreneurs, and small businesses, contributing to economic growth while minimizing environmental impact. The company’s commitment to responsible lending practices and community engagement has been instrumental in fostering sustainable livelihoods in rural India.

The BT India Summit & Sustainability Recognition

The BT India summit is a highly regarded platform for discussing key economic and business trends in India. The ‘Most Sustainable Companies’ recognition is a key highlight of the event, showcasing the organizations that are leading the way in integrating sustainability into their operations. The rigorous selection process involves a thorough assessment of companies' ESG performance, considering factors such as environmental impact, social responsibility, and corporate governance.

Looking Ahead: The Future of Sustainable Finance in India

The recognition of ICICI Bank and Shriram Finance underscores the growing importance of sustainable finance in India. As the country continues to develop, the need for businesses to operate responsibly and contribute to a sustainable future will only intensify. These companies serve as inspiring examples for others in the financial sector, demonstrating that profitability and sustainability can go hand in hand. The future of Indian finance is undoubtedly intertwined with a commitment to environmental protection, social equity, and good governance.

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