Shubham.co provides formal housing credit to those with informal incomes

GURUGRAM, India - April 30, 2024 - PRLog -- Shubham Housing Development Finance Company Limited's Environmental and Social Policy
Shubham.co (https://www.shubham.co/generalmeeting/internal-guidelines-on-corporate-governance) believes that environmental and social considerations are the fundamental cornerstones
of its business for aligning towards sustainable development goals. Given the challenges on
security of our resources, threats to economy and livelihoods due to climate change and
compromised biodiversity, Shubham would like to make every effort to mainstream sustainability
in its business as well as operations.
Shubham.co (https://www.shubham.co/) will make efforts to influence its borrowers to follow Good International Industry
Practices for better development impact. Meeting of the applicable environmental and social
requirements will be a prerequisite in loan processing. Activities that could potentially damage or
pose risks to the environment will not be financed.
The transaction appraisal process will assess environmental and social risks at all relevant stages
and accordingly state covenants to meet environmental and social legal compliance. On
disbursement, environmental and social monitoring will be carried out. In addition. Shubham will
proactively engage with the stakeholders ensuring timely resolution of grievances if any.