The platform is designed to help banks, investors, and other financial players manage the entire lifecycle of green and sustainability-linked loans. By automating sustainability assessments and streamlining reporting, i.GreenFinance promises to cut through the noise and deliver verifiable results.
One of the biggest challenges in green finance is the sheer volume and inconsistency of ESG data. i.GreenFinance seeks to address this by integrating ESG data management and automating key processes. The goal? To provide transparency and real-time monitoring, allowing lenders to make informed decisions and adapt to changing regulations.
According to Sandeep Chandna, Chief Sustainability Officer at Tech Mahindra, fragmented ESG data and differing regulatory frameworks have constrained the growth of green lending.
“The growth of green and sustainability-linked loans remains constrained differing regulatory frameworks, and a lack of standardized evaluation models across global markets. Built on AWS’s strengths and capabilities, i.GreenFinance will address these challenges through a unified, transparent, and intelligent platform that automates complex assessments, streamlines data aggregation, and delivers verifiable sustainability reporting.”
The platform’s adaptability is a key selling point, allowing lenders to adjust business rules across more than 15 industry sectors. This flexibility is crucial for aligning the platform with internal processes and operational needs.
The collaboration with AWS provides i.GreenFinance with a robust technological foundation. By leveraging AWS’s advanced analytics and generative AI capabilities, the platform offers scalability, security, and compliance with global governance standards.
Satinder Pal Singh, Director of Solution Architecture at AWS India and South Asia, emphasized the transformative potential of this partnership.
“We have collaborated with Tech Mahindra through our Generative AI Innovation Centre to build i.GreenFinance… i.GreenFinance empowers financial institutions to make data-driven lending decisions aligned with ESG (Environmental, Social, and Governance) criteria. Our collaboration with Tech Mahindra demonstrates how cloud technology can drive meaningful innovation in the financial sector, enabling institutions to meet their sustainability goals while delivering enhanced value to their customers.”
Automated Reporting for Audit-Ready Results
A core feature of i.GreenFinance is its ability to automate the collection and evaluation of sustainability-linked data. This results in audit-ready reports for each loan disbursement, simplifying reporting obligations as more jurisdictions increase their demands for transparent and measurable green finance disclosures.
Tech Mahindra has positioned i.GreenFinance for global adoption, targeting both advanced economies with established climate regulations and emerging markets where green lending is on the rise. The platform is designed to be regularly updated to reflect evolving ESG frameworks and new reporting standards.
As the demand for sustainable finance continues to grow, tools like i.GreenFinance will play a critical role in ensuring accountability and driving meaningful environmental impact. The platform’s success will depend on its ability to navigate the complexities of the green finance ecosystem and deliver tangible value to its users. You can also follow Tech Mahindra’s developments on LinkedIn and X.
