The growth of Environment, Social, Governance (ESG) consciousness in India is phenomenal but still in its nascent stages. The fact that this growth is being carefully governed by a gradual implementation of several laws and regulations gives ample chance for integration of the ESG agenda with business operations. Correctly applied, this could lead to more … Read more
Financing arrangements across the Adani Group conglomerate have sent a fresh chill through ESG markets as investors wake up to a new risk. Norway’s largest pension fund, KLP, recently dumped its entire holding of shares in Adani Green Energy Ltd., the renewables part of the empire, amid concerns that it might inadvertently have helped finance … Read more
After , Parag Parikh Flexi Cap Fund (PPFAS) has picked up another anti-ESG bet — . According to its latest disclosure dated May 31, the mutual fund scheme owned 19 lakh shares of Coal India. The popular mutual fund scheme, which has assets under management (AUM) worth over Rs 22,000 crore, is run by veteran … Read more
By Mukund Govind Rajan As another Earth Day dawns, we have ever more evidence of the toll humankind is taking on the planet. The latest report of the Intergovernmental Panel on Climate Change asserts that the rise in weather and climate extremes has led to “irreversible impacts as natural and human systems are pushed beyond … Read more