Northern Arc releases sustainability report showcasing ESG integration and long-term impact

Chennai: Northern Arch Capital (NACL), a leading diversified financial services firm, has released its first sustainability report for FY 2024, showcasing the seamless integration of ESG principles into its operations and highlighting the issues of financial inclusion, green finance, And its far-reaching implications for gender equality are highlighted. The report highlights the Northern Arc's unwavering commitment to promoting a financially inclusive and environmentally sustainable future, contributing to the 9 United Nations Sustainable Development Goals (UN SDGs). These achievements are bolstered by the company's continued operational growth, reaffirming its dedication to addressing critical credit gaps while driving meaningful change in underserved communities. Operating across 28 states, 686 districts and 7 Union Territories by September 2024, Northern Arc leverages scalable, tech-driven solutions like Nimbus, NPOS and NewScore to meet the diverse retail lending needs of households and businesses across India. Is. These platforms have streamlined loan distribution, thereby helping in effective lending to underprivileged communities while ensuring operational efficiency.

Northern Arc delivered a strong performance in H1FY25, underscoring its position as a catalyst of inclusive growth, with investments worth Rs 15,381 crore across six sectors – MSME, MFI, consumer, affordable housing, auto and agriculture. Provided delivery facility.

Speaking about the report and the company's continued performance, Ashish Mehrotra, Managing Director and CEO of Northern Arc Capital Limited, said, “Our sustainability report and operational milestones demonstrate Northern Arc's commitment to promoting financial inclusion and environmental sustainability. The report reflects our alignment with global ESG standards, demonstrating the continuation of our efforts to empower communities and make a meaningful impact.

This report is more than a document – ​​it is a reflection of our values ​​and vision for a more equitable and sustainable future. Our deep sectoral expertise allows us to effectively manage a diversified portfolio, while our strong risk management philosophy ensures the protection of investors' interests. “This helps us create pathways for inclusive growth and lasting impact.”

Northern Arc's financial solutions empower communities by providing critical capital for agriculture, housing and mobility. The sustainability report highlights its commitment to embedding ESG principles, aligning with the UN SDGs and fostering partnerships. Focusing on women borrowers, climate-friendly agriculture and small businesses, underlines its dedication to social welfare and financial innovation.