Greening of Indian NBFCs

In association with Rabo Foundation, auctus ESG organized a conclave titled 'Greening of Indian NBFCs' in Mumbai on April 10, 2025. Highlights:

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Namita Vikas, Founder & MD, auctusESG, began with sharing that RBI Governor has announced several initiatives for promoting climate finance and green infrastructure. He recommended pooling of bankable projects for climate funding. She stressed that banks and NBFCs need to go beyond financial measures to non-financial measures like governance. She revealed that there is a diverse pool of capital that is linked to a non-financial perspectives.

Starting his talk with a humorous observation about the habit of Indians to create abbreviations that perplexed him, Bram Spann, Regional Lead - Asia, Rabo Foundation, said that some organizations think ESG is cumbersome and complex. He pointed to 3 advantages: 1. Better risk management 2. Enhanced reputation 3. Attractiveness to investors, from domestic and western investors. He ended his talk with another bit of humor - he coined a new abbreviation suggesting that ESG represents Entrepreneurial Successful Guys.