ICICI Bank & Shriram Finance Crowned Sustainability Leaders in India's Finance Sector

New Delhi, [Date] – ICICI Bank and Shriram Finance have emerged as frontrunners in sustainability within India's financial landscape, earning prestigious recognition at the 2025 BT India’s Most Sustainable Companies summit held in New Delhi. The summit, a highly anticipated event, celebrates organizations demonstrating exceptional commitment to environmental, social, and governance (ESG) practices.
A Growing Emphasis on Sustainable Finance
The recognition underscores the increasing importance of sustainable finance in India. Investors, customers, and regulators are placing greater scrutiny on companies' ESG performance, pushing financial institutions to integrate sustainability into their core business strategies. This summit highlights those who are leading the charge, setting a benchmark for the rest of the industry.
ICICI Bank: A Holistic Approach to Sustainability
ICICI Bank's journey towards sustainability has been marked by a comprehensive approach. The bank has implemented numerous initiatives focused on reducing its environmental footprint, promoting responsible lending, and supporting community development. Specific efforts include investments in renewable energy projects, promoting energy-efficient technologies among customers, and establishing robust risk management frameworks to address climate-related financial risks. Their commitment extends to fostering a diverse and inclusive workplace, ensuring ethical governance, and transparent reporting on their ESG performance.
Shriram Finance: Empowering Rural Communities Through Sustainable Practices
Shriram Finance, a leading provider of finance to rural communities, has also been lauded for its sustainability efforts. The company’s business model inherently supports sustainable livelihoods in the agricultural sector. Beyond financing, Shriram Finance actively promotes sustainable farming practices, provides financial literacy training, and supports initiatives aimed at improving rural infrastructure. Their focus on responsible lending and social impact has positioned them as a key player in driving sustainable development in underserved areas.
Looking Ahead: The Future of Sustainable Finance in India
The recognition of ICICI Bank and Shriram Finance is a positive sign for the future of sustainable finance in India. As the country strives to achieve its climate goals and promote inclusive growth, the role of financial institutions in driving sustainable development will only become more critical. The BT India’s Most Sustainable Companies summit serves as a platform for sharing best practices, fostering collaboration, and inspiring other organizations to embrace sustainability as a core business imperative. Expect to see increased investment, innovation, and transparency in the years to come as the Indian financial sector continues its journey towards a more sustainable future. This will undoubtedly influence investor behaviour and further solidify the importance of ESG factors in financial decision-making.
About BT India's Most Sustainable Companies
The BT India’s Most Sustainable Companies ranking is an annual assessment that evaluates organizations based on their performance across a range of ESG indicators. The assessment process involves rigorous data collection, analysis, and independent verification to ensure credibility and accuracy.