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Only 8% Indian firms have ESG-related compensation policy: Refinitiv

These findings are part of a new study on ESG

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India ranked high on policy community involvement with transparency rating of 99 per cent, compared with 80 per cent for the wider universe

Ashley Coutinho Mumbai

3 min read Last Updated : Oct 14 2020 | 1:13 AM IST

Though Indian companies’ average transparency rating at 29 per cent is higher than the 26 per cent for the Refinitiv ESG (environmental, social, and corporate governance) universe, only 8 per cent of Indian firms have a policy on ESG-related executive compensation, much lower than the broader universe (25 per cent).

These findings are part of a new study on ESG, which compares disclosures of 160 Indian companies, mainly included in the MSCI Emerging Markets Index, against those of other countries with similar coverage.

Refinitiv’s ESG database covers 80 per cent of global market cap and the study evaluated data across five key

Topics : Indian companies ESG

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