KOCHI:
Federal Bank was awarded the Certificate of Achievement by the International Finance Corporation (IFC), a World Bank Group in recognition of Climate Financing Leadership in the South Asia Region (CSA) during FY 22 for having disbursed 332.9 million USD, making it the largest amount of climate loans disbursed. The award was handed over by Joon Y Park, Regional Portfolio Manager FIG, South Asia at IFC to Ashutosh Khajuria, Executive Director, Federal Bank.
This recognition highlights the Bank’s commitment to promoting sustainable development and mitigating the impacts of climate change through innovative and impactful financing solutions.
On receiving the prestigious award, Ashutosh Khajuria, Executive Director, Federal Bank said – “We believe that climate financing is a critical tool in the fight against global warming, and we will continue to lead the way in this important field. This award inspires us to redouble our efforts and pursue new, even more, impactful initiatives that make a difference in the world.”
The Bank has consciously incorporated the value of ESG and its importance in its daily operational activities for a sustainable tomorrow.
more recommended stories
PUNE:Furthering its strategic focus on building.
THIRUVANANTHAPURAM:Genrobotics, the developer of the internationally.
MUMBAI:Muthoottu Mini Financiers Limited (Muthoottu Mini.
SIKKIM:Situated amidst breath-taking landscapes, Club Mahindra.
MUMBAI:SBI General Insurance, one of India’s.
MUMBAI:NPCI BHIM Services Limited (NBSL), a.
THIRUVANANTHAPURAM:Allianz Services India has been honored.
CHENNAI:Star Health and Allied Insurance Company.
KOCHI:Tata Motors, India’s leading automobile manufacturer,.
MUMBAI:The Storage Solutions Business of Godrej.
