Share the page
Technical assistance to Shriram Transport Finance Company Ltd to help it take better account of climate impacts in its activity
Project
-
Signature date
-
-
Location
-
India
-
Financing tool
-
Financing amount (Euro)
-
35000
-
Financing details
-
EUR 35,000 of technical assistance
-
Customer
-
Shriram Transport Finance Company Ltd
-
Type of customer
-
Financial institution
-
Country of headquarters
-
India
-
Project number
-
PIN1089
This information is given at the time of signature, without prejudice to any developments in the operation/project.
The technical assistance to Shriram Transport Finance Company Ltd aims to help the financial company structure its climate strategy.
Client presentation
STFC (Shriram Transport Finance Company) is a non-banking financial company in the transport sector, specialized in loans for the purchase of commercial vehicles (heavy goods vehicles, passenger vehicles, commercial vehicles, etc.), tractors and construction vehicles. It is the market leader. STFC mainly targets small entrepreneurs wishing to purchase a commercial vehicle for the first time and SMEs seeking to create a fleet.
Project description
The main objective of the TA program is to help STFC take climate impacts into account in its activity and assist its reflection on climate issues through the production of strategy documents. The TA comprises two phases: awareness-raising, diagnostic of STFC’s portfolio and formalization of a “climate” strategy.
Project impact
The expected impacts are a reduction in STFC’s carbon emissions, which will also reduce air pollution.