Tag: #ESG

  • DS Group achieves landmark water positive certification, joins elite corporate circle

    DS Group achieves landmark water positive certification, joins elite corporate circle

    Dharampal Satyapal Group (DS Group), one of India’s leading FMCG conglomerates, has earned Water Positive Certification from GRIHA (Green Rating for Integrated Habitat Assessment), recording a Water Positivity Index of 1.80 — placing the company among a select few Indian corporations to achieve such a high score.

    The certification, awarded under GRIHA’s Decarbonizing Habitat Programme, follows a two-and-a-half-year assessment across 30 business locations in India, covering divisions spanning food and beverage, mouth freshener, hospitality, and agriculture.

    Scale of Impact

    Conservation interventions by DS Group have created a cumulative water storage potential of 66 lakh kilolitres. The programme integrates rainwater harvesting structures, wastewater reuse systems, recharge wells, water-efficient fixtures, and ecological restoration measures. Projects in Rajasthan and Madhya Pradesh contributed significantly to groundwater recharge outcomes.

    “The whole world is moving rapidly towards sustainability, with global water demand projected to exceed supply by 40% by 2030,” said Rajiv Kumar, Vice Chairman of DS Group.

    “By embedding water-positive practices into our business and community initiatives, DS Group contributes meaningfully to the larger sustainability agenda that India is aiming for.”

    Kumar added that the Group views sustainability “not as a project but as a permanent responsibility,” guided by its philosophy of ‘Create What is Worth Creating.’

    Sanjay Seth, VP and CEO of GRIHA Council and Senior Director at TERI, called the certification “a statement of intent of responsibility and vision,” adding that DS Group had demonstrated that “sustainability, productivity and profitability can go hand in hand.”

    Broader Sustainability Context

    The Water Positive Certification adds to a wider sustainability programme at DS Group that spans water conservation, livelihood development, agricultural initiatives, and energy efficiency. The company’s headquarters holds both LEED Platinum and LEED Zero Carbon certifications from the U.S. Green Building Council.

    The achievement comes ahead of COP30, where water security and climate resilience are expected to be central agenda items.

    Founded in 1929, DS Group markets brands including Rajnigandha, Catch, Pulse, Pass Pass, LuvIt, and L’Opera across domestic and international markets.

    Established in 2007 as a joint initiative between Ministry of New and Renewable Energy and TERI, GRIHA operates as India’s nationally recognised green building rating system and is referenced in India’s Nationally Determined Contributions to the UNFCCC.

  • DBS Sustainable Financing surges past SGD 102 billion; India leads breakthrough growth

    DBS Sustainable Financing surges past SGD 102 billion; India leads breakthrough growth

    DBS Bank’s sustainable financing commitments surged 14 per cent year-on-year to cross SGD 102 billion at end-2025, the lender said in its latest report, as India emerged as its fastest-growing and third-largest sustainable finance market across Asia.

    The Singapore-based bank, one of Asia’s largest lenders, facilitated SGD 41 billion of environmental, social and governance (ESG) bond issuances during 2025 as an active bookrunner, channelling capital into renewable energy, sustainable infrastructure, green real estate and social-sector projects.

    “As Asia continues to grow, businesses are continuing to invest in low-carbon technologies, electrification and resilient infrastructure,” said Helge Muenkel, Group Chief Sustainability Officer at DBS Bank. “It was very encouraging that DBS Group crossed SGD 100 billion in sustainable financing commitments in 2025.”

    India Drives Breakthrough Momentum

    India’s rapid ascent within DBS’s sustainable finance portfolio reflects strong domestic appetite for green capital aligned with the country’s ongoing energy and infrastructure transformation.

    In a notable deal, DBS extended a Rs. 670 crore sustainability-linked trade facility to Indorama India Pvt Ltd, tying the financing to measurable improvements in emissions intensity, water use and energy efficiency.

    The bank also acted as arranger and sustainability coordinator for a multi-bank USD 350 million sustainability-linked revolving credit facility for ChrysCapital X LLC — marking the first sustainability-linked loan raised by an India-focused private equity fund.

    Expanding Beyond Climate

    DBS said it is broadening its sustainability mandate beyond climate mitigation to encompass nature-related risks and climate adaptation — a shift that signals the bank’s intent to align with evolving global biodiversity and resilience frameworks.

    Community Impact

    Beyond financing, DBS said it reached more than one million vulnerable individuals across Asia through community programmes in 2025. The DBS Foundation has committed over SGD 160 million since 2024 toward initiatives targeting essential needs, financial inclusion and community resilience.

    The results were disclosed in DBS’s Sustainability Report 2025.