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Sustainable Future for Birla Carbon

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TPO Protocol
Birla Carbon has announced the execution of a US$ 750 million Sustainability Linked Loan (SLL) on December 17, 2021, with a syndicate of more than 15 banks. The proceeds from the loan will be used to refinance Birla Carbon’s existing debts. The ANZ Group is the sole sustainability coordinator for this deal.

Birla Looks to Sustainability

The announcement is of added significance as earlier in 2021, Birla Carbon announced the launch of the Continua brand of Sustainable Carbonaceous Materials (SCM) and its aspiration to achieve net zero carbon emissions by 2050. Birla Carbon has also rel...

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