The world's sixth largest economy has 23 ESG funds, Refinitiv data shows, compared to the United States and Britain with more than 500 each, while Japan has 182 and China has 119
The ESG-focused fund-raising (green bonds) market, which has already scaled an all-time high so far this year, is set to cross the USD 10-billion-mark by December, according to JP Morgan
A UN climate report on Monday found that global warming is dangerously close to spiraling out of control
According to experts, India offers the right kind of risk-return profile which is why his company likes to invest here
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
Some themes aggressively pursued by fund houses include environmental, social and governance (ESG), international funds, and other innovative ETFs in the equity, as well as debt segments
Here are the best of Business Standard's opinion pieces for Tuesday
ESG or sustainable Environmental, Social and Governance investment has grown exponentially in recent times
Bankers say the trend will continue
They have the potential to create wealth by circumventing hidden risks, but have limited track record
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
Currently, ESG funds have AUM of around Rs 10,500 crore
Global interest rates are likely to remain benign for long, says Vikaas Sachdeva in interview.
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
Municipal bonds can help push local development
The asset manager will use Sustainalytics ESG Risk Ratings, a leading global provider of ESG research, ratings and data, to support its Kotak ESG Opportunities Fund
Mirae Asset ESG Sector Leaders ETF is an open-ended scheme tracking Nifty 100 ESG Sector Leaders Total Return Index. The second, an FoF, will invest predominantly in this ETF
ESG investing, or "sustainable investing" is about responsible business conduct, and cigarette firms were globally being screened out by this class of investors
The $1.5-billion Candriam SRI Bond Emerging Markets Fund has outperformed almost 90 per cent of peers in the past three years and screens for ESG factors
Accompanied by a cameraman, Beslik spent 10 days meeting villagers and taking samples from streams close to the plants supplying companies that his then-firm had invested in