Current Affairs - Business - Discussion

REC Limited, a Maharatna non-banking financial company, received the SKOCH Silver Award 2025 for 'Corporate Net Zero Transition,' marking its third ESG recognition in 2026. The award highlights REC Limited’s commitment to supporting India’s net-zero and climate transition goals through sustainable financing. As a key financier of power and infrastructure projects, including renewable energy and non-power infrastructure, REC aligns its lending with environmentally responsible practices. This recognition underscores the company’s efforts in promoting sustainable development, facilitating the transition to low-carbon infrastructure, and reinforcing its leadership role in ESG and climate-focused corporate initiatives.