Esg

Circling to land

Companies and boards must be prepared to face the messy reality of ESG

The ESG rating conundrum

India must put forth its own regulatory framework to accredit ESG rating providers as universal consensus is a distant dream

ESG rating of 80% Indian firms just 'adequate' or 'below average': Analysis

Firms did better in environmental (E) parameter compared with social and governance (G), says Crisil Research

Sebi constitutes advisory panel on ESG-related matters under HDFC's Munot

Capital markets regulator Sebi has constituted an advisory committee for advising on ESG (environment, social and governance) related matters in the securities market. The committee will be headed by HDFC Mutual Fund Navneet Munot, the Securities and Exchange Board of India (Sebi) said in a statement. Apart from Munot, the committee has experts, including R Mukundan, MD and CEO of Tata Chemicals; C Siva Kumar, executive director of NTPC, Amit Talgeri, chief risk officer at Axis Bank, Sharad Kalghtagi, ESG head Cipla; Amit Tandon founder and MD Institutional Investor Advisory Services; J N Gupta, founder and MD of Stakeholders Empowerment Services and Rama Patel, Director of Crisil Ratings. In all, the committee has 19 members and further, four Sebi officials will be secretariat to the committee as well as co-ordinator. The terms of reference of the committee include enhancements in business responsibility and sustainability report, ESG ratings and ESG investing. With regards to ..

Infy tops list of firms with strongest ESG scores, followed by M&M, Tech M

Overall, India's rank is 120 on the world Sustainable Development Goals (SDG) index with Finland topping the tables

India Inc's governance score improves marginally in 2021, shows IiAS study

20 companies were in the 'Leadership' category, against 11 in 2020 and six in 2019. These included Airtel, Cipla, HDFC Life, Marico and Tata Motors among others

Philippines offers at least $500 mn green bonds to European investors

The Southeast Asian country aims for a 75% reduction in greenhouse gas emissions by 2030 under its commitment to the Paris Agreement on Climate Change

Vedanta enters into pact with TERI to accelerate its ESG goals

Vedanta on Thursday said it has signed a pact with TERI to accelerate its Environmental, social, and governance (ESG) goals. Vedanta plans to invest around Rs 200 crore over the next five to 10 years on R&D and sustainability initiatives to promote and build a sustainable ecosystem. "Vedanta... on Wednesday signed a Memorandum of Understanding with TERI... to forge a long-term partnership and work in collaboration on creating a sustainable world by leveraging both the organizations' strength in the ESG space," Vedanta said in a statement. With a mission to promote 'Sustainable Use of Resources for a Resilient Planet through Transformative Actions', the memorandum of understanding (MoU) was signed at the World Sustainable Development Summit (WSDS). The partners will work towards building a sustainable future by engaging with governments, civil society and peers to promote a larger ecosystem for climate change, resource efficiency, and circularity, harnessing cleaner energy, ...

Implementing Sebi's ESG framework tough for Indian companies: Rating agency

The government's clean energy push has prompted the regulator to roll out a series of rules for the country's top 1,000 listed companies

The limits of compassionate capital

It took about 13 years for someone to figure out that the profits Mr Naqvi promised weren't forthcoming

Cos can gain $357 bn in profits a year with people focus, ESG: Infosys arm

While digital adoption and ESG orientation individually drive profits, they are more effective together, says the Infosys Digital Radar 2022 report

The ESG imperative

The need for businesses to shift their practices from wasteful extraction to sustainable, regenerative, equitable systems has never been greater

Assets under management for ESG funds up 2.5 times in FY21: Nasscom

Assets under management for environmental, social and governance (ESG) funds increased 2.5 times to $650 million in India in financial year 2021, a top official of IT industry body Nasscom said

Crisil Ratings to start disclosing ESG impact on credit profiles

Crisil Ratings on Saturday said it will start disclosing the impact of environmental, social and governance (ESG) parameters separately when assigning credit ratings.

Is climate finance the next bubble?

Asset managers think that tens of trillions of dollars, mostly in the form of green finance, could be available for environmental, social, and governance (ESG) lending

Are firms with better governance good for investors? Trends show this

Indices for companies scoring high on ESG standards have done well in five years but long-term trends are unclear.

India Ratings launches ESG relevance disclosure on rated companies

India Ratings and Research launched its integrated disclosure that shows how environmental, social, and governance (ESG) factors impact individual credit rating decisions

Ind-Ra to disclose more ESG notes on ratings from January 2022

These disclosures will be part of rating action commentaries for all entities having listed securities, says the rating agency

HCL Tech names ex-KPMG exec Santhosh Jayaram as global sustainability head

Jayaram had led the sustainability and climate change practices at KPMG and Det Norske Veritas

Sebi in process of stipulating disclosures specific to ESG scheme: Tyagi

The Sebi chief noted that Indian investors are showing increased interest in ESG compliant companies and investment products