Page 3 - Esg

ESG investing gains ground amid pandemic, better sustainability disclosures

At the end of June 2021, assets invested in Indian sustainable funds identified by Morningstar reached a record Rs 11,970 cr, significantly up from Rs 4,210 cr a year ago

Amid inconsistencies, ESG rating framework not on Sebi's agenda, for now

Companies currently are inconsistent with comprehensive disclosures on ESG

IT, financial players most ESG compliant; Infosys tops CRISIL rankings

Infosys tops the list, with a score of 79 on 100, while among the financial sector players, Kotak Mahindra Bank has a score of 75

Ashok Leyland forms ESG committee to lead its sustainability agenda

Commercial vehicle maker Ashok Leyland on Friday said it has formed an environmental, social and governance (ESG) committee headed by an independent director to lead its sustainability agenda

CoalMin targets projects worth Rs 41K-crore for asset monetisation

These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model

Increased sustainability disclosures to give leg-up to ESG funds

Six out of ten domestic funds with an ESG mandate were launched in the financial year 2020-21 (FY21), noted the May 24 Kotak Securities Strategy report

Corporate governance failings impede Asian companies ESG efforts : Report

Asian regulators should tell companies how to reform their boards to better address environmental, social and governance (ESG) challenges, according to recommendations published on Thursday

Investor Warren Buffett's ESG snub risks alienating Wall Street

Other major companies, including Citigroup Inc and Amazon.com Inc, have resisted ESG shareholder proposals

Governance: Putting the 'G' in ESG

A study found that over the 12 months, governance consistently ranked second, behind only a company's products, as a driver of corporate reputation

Mahindra, Reliance commit to WEF's Stakeholder Capitalism Metrics

The metrics offer a set of universal, comparable disclosures focused on people, planet, prosperity and governance that companies can report on, regardless of industry or region

Acuite Group launches firm to provide ESG ratings, assess performance

Its assessment approach includes identification of relevant risks, estimation of materiality and polarity of the risks, and evaluation of risk management framework

PSU presence in Rs 1-trillion club shrinks in 2020; index declines 18%

The companies that exited the trillion club are IOCL, NTPC, BPCL, and Coal India

ESG investing gathers steam worldwide amid Covid-19 pandemic: Experts

India, too, witnessed traction in ESG-related decision-making and product offerings, such as ESG-focused mutual funds, EY said.

Hear the drumbeat, it is green

From the PM, to regulators, to those setting global standards, to investors, to the communities companies operate in, to the millennials who will be their future customers, the drumbeat is changing

Integrating ESG into financial sector to benefit all stakeholders: Report

There has been a shift in focus of many businesses and investors from profits to people as the pandemic unrolled

Passive funds can make managers deliver better value: Tim Edwards, S&P Dow

"Historically, Indian investors have shown a very strong home bias - investing all or nearly all of their capital, domestically," says Edwards

ITC gains even as Street is divided on tobacco biz dependence, other issues

Brokerage upgrades led to a six per cent rise in the stock since the start of the month

We see ESG integration becoming mandatory: Deepak Khurana of Refinitiv

In a Q&A, Deepak Khurana, Director, Sustainable Finance and Lipper, Asia-Pacific at Refinitiv, says India has ranked high on policy community involvement with 99 per cent transparency rating

US, Norwegian investors pressure SBI over loan to Adani mine in Australia

Officials from New York-based BlackRock Inc. and Norway's Storebrand ASA have contacted the State Bank of India, which is majority-owned by the Indian government, about the loan.

India to play the role of global growth engine, says PM Narendra Modi

Addressing global investors, he also assured that India has systems and companies which have a high environmental, social and governance (ESG) score