Supporting Indorama’s efforts to integrate sustainability into its financing activities

Standard Chartered has announced the extension of a Sustainability-Linked Trade Facility (SLTF) worth Rs 540 crore to Indorama India Private Limited, further strengthening the Bank’s commitment to supporting sustainable business transformation and ESG-led financing solutions.

The facility has been structured as a sustainability-linked trade and working capital arrangement, aligned with clearly defined Sustainability Performance Targets (SPTs) embedded within Indorama India’s broader environmental, social, and governance (ESG) framework.

By linking financing terms to the achievement of measurable sustainability targets, the arrangement is designed to integrate sustainability into Indorama India’s core financing activities while encouraging continued progress across key ESG priorities.

The transaction reflects the growing momentum towards responsible finance and sustainable corporate funding structures within India’s industrial and manufacturing sectors.

Commenting on the development, Angel Sivan, Regional Head of Transaction Banking Corporate Sales India & South Asia at Standard Chartered, said the partnership underscores the Bank’s continued focus on delivering innovative financial solutions that support clients in advancing their sustainability ambitions.

She noted that the integration of ESG-linked targets into the financing structure enables businesses to align long-term growth strategies with responsible and sustainable operating practices.

Manish Kumar Agarwal, Chief Financial Officer of Indorama India, said the collaboration with Standard Chartered reinforces the company’s commitment to embedding sustainability principles within its financing and operational framework.

He stated that the facility not only strengthens the company’s liquidity position but also reflects its broader dedication towards advancing ESG priorities and sustainable finance initiatives.

He further added that the transaction represents a significant milestone in Indorama India’s ongoing sustainability journey and demonstrates the collective commitment of all stakeholders involved in driving responsible growth and long-term value creation.

The partnership highlights the increasing role of sustainability-linked financing instruments in enabling corporates to transition towards environmentally and socially responsible business models while maintaining financial flexibility and operational resilience.