Tata Communications Raises Environmental Bar by Adopting Sustainability-Linked Loan Framework

Mumbai, INDIA, May 02, 2024

Tata Communications, the global communications technology (commtech) player, proudly announces the adoption of a sustainability-linked loan (SLL) framework to align all future long-term debt financing with its environmental commitments. The initiative, a first of its kind in the sector in India, underscores the company’s unwavering dedication to responsible business practices and sustainability leadership.

Unlike traditional loans, loans aligned to the SLL framework have margins tied to specific carbon emission reduction targets (or non-financial covenants), incentivising continuous improvement in sustainability performance. By linking its loan margins directly to environmental impact, Tata Communications aims to drive meaningful change while fostering a deeper integration of the Tata Group’s overarching sustainability aspirations with its own capital structure.

The transparent and accountable approach also aims to attract sustainability-conscious capital from investors who share the company’s commitment to environmental responsibility. By linking loan margins to measurable targets, it demonstrates a commitment to quantifiable results, allowing stakeholders to track progress and recognise milestones.

Kabir Ahmed Shakir, Chief Financial Officer, Tata Communications said: “Sustainability isn’t just a buzzword for us — but a core principle that drives our business decisions. Adopting a holistic approach through the SLL framework underscores our commitment to making tangible progress towards a more sustainable future while driving responsible growth in our industry.”

Tata Communications adoption of the SLL framework reflects its broader commitment to driving positive change across its operations and supply chain. The company has committed to be Net Zero by 2035 across its global operations and its emissions reduction targets have been validated by the Science Based Targets initiative (SBTi). The company has been recognised by the global environmental non-profit Carbon Disclosure Project with the distinguished ‘A-’ leadership score for implementing best practices in sustainability.

Finally, Tata Communications 3C sustainability strategy has been inspired by the UN Sustainable Development Goals and Project Aalingana, a Tata group-wide approach to environmental sustainability that will position it among global leaders, with the intent to create shared value for all.


Media contact:
Amit Sinha Roy
Tata Communications
+91 98999 11333

Floyd Almeida
Tata Communications
+91 98924 76208


About Tata Communications


A part of the Tata Group, Tata Communications (NSE: TATACOMM; BSE: 500483) is a global digital ecosystem enabler powering today’s fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables digital transformation of enterprises globally with collaboration and connected solutions, core and next gen connectivity, cloud hosting and security solutions and media services. 300 of the Fortune 500 companies are its customers and the company connects businesses to 80% of the world’s cloud giants. For more information, please visit www.tatacommunications.com

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