HomeFirst Finance is funding ESG-rated homes, hopes it will attract sustainable capital
Mumbai, Aug. 21 -- Affordable housing lender Home First Finance is financing individual homes certified under new green-building standards it helped develop with the International Finance Corporation, to attract sustainability-focused capital.
The Mumbai-based company has onboarded more than 600 ESG-certified individual homes under the World Bank-backed programme, extending a green tag that has so far been applied mostly to apartments built by large developers.
"We have a green home programme running with IFC, where we have kind of pioneered the whole process of creating a new set of standards for individual houses. We have deployed that and onboarded more than 600 ESG-certified homes," said Manoj Viswanathan, HomeFirst's managing direc...
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