Status: Completed investment
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The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Srei is a leading Indian non-banking financial company (NBFC) providing holistic solutions in for financing infrastructure equipment across sectors, as well as infrastructure projects and infrastructure development.

What is our funding objective?

Srei is one of the very few financial institutions in India that has a complete environmental and social management system (ESMS) in place. Srei has a powerful self-declared ESMS policy dedicated to the systematic and structured management of the environmental and social (E&S) risks resulting from its extensive presence in infrastructure. Since successfully implementing its own ESMS, Srei has endeavored to help its clients free their portfolios of E&S risks. Srei is therefore providing training to its clients to spread the message of responsible business across the country, thereby creating awareness of the environment and society. This program has been named the ESMS Corporate Roll-Out Program (ESMS CRP).

Why do we fund this investment?

ESMS CRP is intended to create awareness of and spread the practice of sustainable finance among Srei’s clients - some of the key players in the Indian infrastructure business. The program will help to reduce the business risk related to the E&S issues in Srei’s portfolio. In addition, the program is expected to will create better control over third parties and create a stronger reputation for Srei, which would then be the first financial institution to invest in an innovative program like this. The ESMS CRP will also improve Srei's ability to secure lending/investment banking mandates from such clients.

Financial Institutions
Effective date
End date
Total FMO financing
EUR 0.08 MLN
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)