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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

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This comes even as India’s sustainability practices have been poor in comparison with the rest of the world, according to United Nation’s data

Sachin P Mampatta Mumbai

2 min read Last Updated : May 26 2021 | 1:12 AM IST

The increased availability of sustainability data from listed companies is going to help environment, social and governance (ESG) investing gain traction in India.

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. These funds look at things beyond company profitability when making their investing decisions. The Securities and Exchange Board of India (Sebi) has asked companies to make more details available on sustainability practices that they follow. This is expected to help with their investment decisions.

“In May 2021, India’s capital market regulator Sebi

Topics : SEBI ESG funds ESG Investments stock market

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