Latest news with #PerformanceIndicators
Mint
06-06-2025
- Business
- Mint
L&T to raise ₹500 crore via India's first listed ESG bond deal issuance under SEBI in partnership with HSBC
Larsen & Toubro (L&T) has announced a ₹ 500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under the Securities and Exchange Board of India's (SEBI) newly introduced ESG and sustainability-linked bond framework. HSBC is acting as the sole lead arranger in this transaction. The issuance is compliant with SEBI's regulatory framework announced on Thursday (5 June), which is designed to promote transparency, accountability, and alignment with international ESG standards. The framework outlines key requirements for issuers, including the disclosure of sustainability objectives, mandatory external assessments such as Second-Party Opinions (SPOs), and post-issuance reporting. It also mandates clear Key Performance Indicators (KPIs) and targets to measure ESG outcomes, crucial steps in supporting India's Net-Zero and climate-resilient growth agenda. As part of the ESG Bond deal, L&T is committed to environmental targets, including a decrease in the intensity of freshwater withdrawal and emissions of greenhouse gases. These Initiatives are in line with the company's long-term sustainability goals of achieving water neutrality by 2035 and carbon neutrality by 2040. "We take pride in leading the transition to sustainable finance under SEBI's new ESG framework," said a senior spokesperson from L&T. As part of the ESG bond deal, the company said it is committed to environmental targets, including a decrease in intensity of fresh water withdrawal and emissions of greenhouse gases. These initiatives are in line with the company's long-term sustainability goals of achieving water neutrality by 2035 and carbon neutrality by 2040. The issuance is compliant with Sebi's regulatory framework announced on Thursday, which is designed to promote transparency, accountability, and alignment with international ESG standards. The framework outlines key requirements for issuers, including the disclosure of sustainability objectives, mandatory external assessments such as second party opinions, and post-issuance reporting. "This bond issuance reinforces our steadfast commitment to sustainable development and responsible business practices whilealigning our finances with environmental targets," the L&T spokesperson added.
Mint
06-06-2025
- Business
- Mint
L&T to raise ₹500 crore via India's first listed ESG bond deal issuance under SEBI in partnership with HSBC
Larsen & Toubro (L&T) has announced a ₹ 500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under the Securities and Exchange Board of India's (SEBI) newly introduced ESG and sustainability-linked bond framework. HSBC is acting as the sole lead arranger in this transaction. The issuance is compliant with SEBI's regulatory framework announced on Thursday (5 June), which is designed to promote transparency, accountability, and alignment with international ESG standards. The framework outlines key requirements for issuers, including the disclosure of sustainability objectives, mandatory external assessments such as Second-Party Opinions (SPOs), and post-issuance reporting. It also mandates clear Key Performance Indicators (KPIs) and targets to measure ESG outcomes, crucial steps in supporting India's Net-Zero and climate-resilient growth agenda. As part of the ESG Bond deal, L&T is committed to environmental targets, including a decrease in the intensity of freshwater withdrawal and emissions of greenhouse gases. These Initiatives are in line with the company's long-term sustainability goals of achieving water neutrality by 2035 and carbon neutrality by 2040. "We take pride in leading the transition to sustainable finance under SEBI's new ESG framework," said a senior spokesperson from L&T. As part of the ESG bond deal, the company said it is committed to environmental targets, including a decrease in intensity of fresh water withdrawal and emissions of greenhouse gases. These initiatives are in line with the company's long-term sustainability goals of achieving water neutrality by 2035 and carbon neutrality by 2040. The issuance is compliant with Sebi's regulatory framework announced on Thursday, which is designed to promote transparency, accountability, and alignment with international ESG standards. The framework outlines key requirements for issuers, including the disclosure of sustainability objectives, mandatory external assessments such as second party opinions, and post-issuance reporting. "This bond issuance reinforces our steadfast commitment to sustainable development and responsible business practices whilealigning our finances with environmental targets," the L&T spokesperson added. "We are pleased to partner with L&T on the first INR Sustainability Linked Bond under SEBI's guidelines, reinforcing our commitment to supporting the Clean Energy Transition in India. We look forward to partnering with corporates across sectors looking to navigate the paths toward their sustainability goals", said HSBC India.
Business Upturn
06-06-2025
- Business
- Business Upturn
L&T issues Rs 500 crore ESG bonds under SEBI's new framework
Larsen & Toubro (L&T) has become the first Indian corporate to issue an ESG bond under the Securities and Exchange Board of India's (SEBI) newly introduced ESG and sustainability-linked bond framework. The ₹500 crore issuance marks a significant milestone in India's sustainable finance journey, with HSBC acting as the sole lead arranger. 'We take pride in leading the transition to sustainable finance under SEBI's new ESG framework,' said a senior spokesperson from L&T. 'This bond issuance reinforces our steadfast commitment to sustainable development and responsible business practices while aligning our finances with environmental targets.' Advertisement The SEBI framework, announced on June 5, is aimed at enhancing transparency, accountability, and alignment with international ESG standards. It requires issuers to disclose sustainability goals, obtain external assessments such as Second-Party Opinions (SPOs), and provide post-issuance reporting. Clear Key Performance Indicators (KPIs) and measurable targets are also mandated to track ESG outcomes. As part of the bond deal, L&T has committed to reducing the intensity of fresh water withdrawal and greenhouse gas emissions—steps aligned with its broader goals of achieving water neutrality by 2035 and carbon neutrality by 2040. 'We are pleased to partner with L&T on the first INR Sustainability Linked Bond under SEBI's guidelines, reinforcing our commitment to supporting the Clean Energy Transition in India. We look forward to partnering with corporates across sectors looking to navigate the paths toward their sustainability goals,' said HSBC India.
Yahoo
30-04-2025
- Health
- Yahoo
Healthcare wait times have improved, report finds
Healthcare waiting times have improved over the last year, despite increasing numbers of islanders being referred for treatment, the States of Guernsey has said. A Health and Social Care (HSC) report found the inpatient waiting list fell from 2,799 at the end of 2023 to 2,207 at the end of 2024, a drop of more than 20%. It also found more than three out of five patients were seen by the Medical Specialist Group (MSG) within the target time of eight weeks, a 1% improvement on the previous year. MSG Chair Dr Steve Evans said the group was "determined to continue to do all we can with HSC to continue to reduce waiting times". He said: "While we continue to increase the number of patients we care for, there has been no adverse impact on the standards of care. "The average length of stay for a patient is just three days (against a target of less than six days) yet our emergency readmission rate is as low as 7% (against a target of less than 10%) which means that we are not discharging patients before they are ready to go home." Dr Evans said recruiting specialists with the right experience continued to be a top priority. The HSG said other 2024 Key Performance Indicators (KPIs) showed waiting times for radiology were above target with 95% of patients getting an x-ray or scan within six weeks of referral. Gastroenterology and orthopaedics were the specialities with the longest waiting lists, the HSG added. The report also highlighted delayed transfers of care days, which measure the time that patients stay in hospital after they are considered fit for discharge, either because a nursing or care home bed is not available or because they need extra care at home, was at 338 days against a target of 100. Dr Peter Rabey, HSC Medical Director, said: "There are many positives that can be drawn from this latest KPIs report. "The Emergency Department saw record numbers of admissions but continued to perform well and the number of hospital-acquired infections remains consistently low." "We cannot control the rising demand for healthcare," he added. "We do not have infinite financial, staff, ward or theatre resources, but we have created additional capacity through our ophthalmology waiting list initiative and this has had a positive impact." Dr Rabey said more joint operations were taking place "than ever before" due to dedicated beds at De Havilland ward. Follow BBC Guernsey on X and Facebook. Send your story ideas to Charity chairman steps down after 30 years Geriatric specialist joins Guernsey health group Social prescribing giving islanders 'purpose' Health and Social Care
Yahoo
07-02-2025
- General
- Yahoo
OKCPS and OKCPS Fdn announce finalists for OKCPS Teacher of the Year Award
OKLAHOMA ITY (KFOR) – Oklahoma City Public Schools (OKCPS) and the Oklahoma City Public Schools Foundation (OKCPS Foundation) revealed nine finalists for the district's 2025 Teacher of the Year award. According to OKCPS and OKCPS Foundation, finalists are chosen for their outstanding dedication, innovation and impact in the classroom each year. The selection from the finalist group, is set to be invited to apply for OKCPS District Teacher of the Year. This year's OKCPS Teacher of the Year is set to be selected from this group of finalists with the winner announced on May 8. Oklahoma Health officials address tuberculosis concerns amid Kansas outbreak 2025 OKCPS Teacher of the Year Finalists: Jaclyn Brown – English Language Arts teacher at Southeast High School Kuwantu Cammon – Art teacher at Britton Elementary Jessica Catalano – Art teacher at Quail Creek Elementary Michele Contreras – Strings teacher at Classen SAS Middle School Faisal Madni – Physical Education teacher at Wheeler Middle School Destiny Phillips – 3rd Grade teacher at Van Buren Elementary Justine Ritter – Special Education English teacher at Emerson South Mid-High Isaiah Sharp – 5th Grade Science teacher at Southeast Middle School Erika Vasquez – Dance teacher at Classen SAS High School at Northeast 'OKCPS is a destination for excellence, attracting top-tier educators who are deeply committed to shaping the future of our scholars. These nine Teacher of the Year finalists embody the innovation, passion and leadership that define our district. Their dedication ensures that OKCPS continues to be a place where all students thrive, families choose to enroll, and educators are proud to teach. As a district, we are focused on academic achievement, student growth and postsecondary success—hallmarks of a 'First Choice' school system. These outstanding educators are driving real impact in our classrooms, directly supporting the six Key Performance Indicators (KPIs) that measure our progress. They represent the very best of OKCPS, proving that great schools start with great teachers. We are honored to celebrate their achievements and the lasting impact they have on our students and community.' OKCPS Superintendent Dr. Jamie Polk 'Teachers are the backbone of OKCPS, and these nine finalists truly represent the best of the best. Congratulations to this year's finalists who exemplify excellence everyday in their classrooms. Their passion for education and commitment to students is inspiring, and we are thrilled to celebrate them. We are also grateful to OKCPS and our community partners, whose generosity and support make this recognition of excellence in education possible.' Kendra Horn, President & CEO of the OKCPS Foundation. The nine finalists are set to be recognized at the annual Stars of Education event, where the 2025 OKCPS Teacher of the Year will be announced, says OKCPS leaders. This year's event will take place on May 8, 2025, at The Yale Theater in Oklahoma City. The 2025 OKCPS District Teacher of the Year will also represent OKCPS in the Oklahoma State Teacher of the Year competition. For more information about Stars of Education, click Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
