Power Finance Corporation
Description:Power Finance Corporation Limited is a non-banking financial company engaged in business of financing companies. The Company's principal products/services include interest on loans and income from other services. The Company's principal business is to provide financial assistance to the power sector. Its fund-based financial policies/products include takeout financing, asset acquisition, bridge loan, buyer's line of credit, credit facility for purchase of power through power exchange, financing of fuel supply projects and equipment manufacturers, lease financing for purchase of equipments, lease financing for wind power projects and line of credit for import of coal. Its non-fund based financial policies/products include guarantee, letter of comfort and policy for guarantee for credit enhancement. The Company also provides consultancy and capital advisory services. Its subsidiaries include PFC Consulting Limited, PFC Green Energy Limited and PFC Capital Advisory Services Limited.
Score on Element: Non-Discrimination
Description:This element measures companies disclosures, policies and knowledge systems on non-discriminatory employment practices and promotes diversity and inclusion in the workplace.
Score on Element: Employees Well-being
Description:This element measures companies disclosures, policies on freedom of association, fair living wages, safe, healthy and harassment-free workplaces and prohibition of forced and child labour. It measures systems to evaluate workers rights, labour issues and safety training to help the companies take corrective measures.
Score on Element: Community Development
Description:This element measures companies disclosures, policies and knowledge systems on its role in fostering community development by addressing local priorities and respecting local concerns and knowledge.
Score on Element: Supply Chain
Description:This element measures companies disclosures, policies and knowledge systems on its role in creating an environment in which the rights of workers throughout the supply chain are respected.
Score on Element: Community Business Stakeholder
Description:This element measures companies disclosures, policies and knowledge systems on recognising vulnerable communities as stakeholders and whether it is responsible and transparent about impact of its processes on these communities.