Sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account while making investment decisions in the financial sector. This leads to more long-term investments in sustainable economic activities and projects.
The financial institutions play a critical role in the transition toward sustainable finance initiatives. Apart from managing their own emissions from operations, they must direct investments towards ESG funds and align with sustainability taxonomies and regulations.
This paper will help understand the reader about various sustainable finance dimensions and the demand HCLTech is witnessing from financial institutions as they shift toward a low carbon economy. The paper introduces HCLTech’s Sustainable Finance 360 platform and how it helps financial institutions in their sustainable finance journey.