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HDFC Bank into carbon credit

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Mumbai, April 15 HDFC Bank signed an agreement with Cantor CO2E India Pvt Ltd and MITCON Consultancy Services Limited (MITCON) for providing carbon credit services.

As part of the agreement, HDFC Bank will work with the two companies on awareness building, identifying and registering Clean Development Mechanism (CDM) and facilitating the buy or sell of carbon credits in the global market, said a press release from the bank.

The two carbon credits service provider companies will offer products and services in an integrated manner to the bank’s clients across sectors such as housing, agriculture, food processing, and microfinance besides power, metal and infrastructure.

More Stories on : Private Banks | Environment | HDFC Bank Ltd

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