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MSCI Inc will speed ESG ratings reviews after silence on Adani companies

One of the market's most popular ESG index providers says it will speed up its review of companies, after it failed to address allegations of poor governance at the Adani Group companies as quickly as

S&P puts Adani Transmission's ESG rating under review on governance issues

Will closely monitor developments, including any investigations by the Indian regulators and any additional disclosures by the Adani group, S&P said in a statement

Top headlines: AI seals largest plane deal, MSCI readies verdict on Adani

Business Standard brings you the top headlines at this hour

ESG's most influential gatekeeper MSCI readies verdict on Adani Group firms

MSCI Inc. will release the results of a quarterly review for its ESG and climate indexes this week, the first since a short-seller attack on the Adani Group triggered a $100 billion selloff

Sebi opts for principles-backed approach on ESG ratings, says report

The move by SEBI would allow such scores to be assigned to more companies, making it increasingly possible for investors to assess businesses with a yardstick seen to be growing in importance

Govt green bonds can be a gauge for pvt sector fundraise: RBI Dy Governor

'Heartening to see banks increasing green exposure'

Sebi may soon introduce framework on ESG rating providers, say sources

Standardisation woes slow ESG reform push; industry for uniform assessment criteria

Market regulator Sebi plans simplified BRSR, ESG rating regulations

Buch calls for independence of emerging economies in ESG matters, carbon credit pricing

Consultancy companies doubling capacity in sustainability divisions

According to industry sources, about 350-400 of the 1,000 companies have already engaged the services of sustainability consultants

Professional investors seek new ESG rules for fund management industry

Professional investors think the asset managers looking after their ESG allocations need more regulations to rein them in.

ESG and net zero emissions gaining momentum among realty developers

ESG focus is fairly advanced in developed realty markets and will soon become widespread in India, say industry players; the sector aims to achieve 80-90% green certifications in 4-5 years

Board-level engagement in banks on climate risk inadequate: RBI survey

The survey pointed out a majority of the banks did not have a separate business unit or vertical for sustainability and ESG-related initiatives

TI Clean Mobility to acquire 65% in IPL Tech Electric for Rs 246 cr

The deal would be done through a combination of primary and secondary purchases of shares

Unhedged exposure via external commercial borrowing new threat to rupee

According to RBI data on external debt released, short-term debt on a residual maturity basis accounted for 44.1% of foreign exchange reserves at the end of March 2022

The importance of being tax transparent

It is time for businesses to take stock and gear up by creating capacity and information system to anticipate new taxes and regulations around ESG and ability to factor this in their business planning

Demand for ESG jobs in India grows 468% in last 3 years, says report

With growing concerns about climate change and the necessary mandates, the job demand in the environmental, social and governance (ESG) sector has grown over 468% in India in the last three years

Shareholders re-elect McDonald's directors, Icahn loses board battle

Preliminary tallies showed shareholders backed all 12 of McDonald's directors and that Icahn's two nominees received approximately 1% of the vote, the company said.

Circling to land

Companies and boards must be prepared to face the messy reality of ESG

The ESG rating conundrum

India must put forth its own regulatory framework to accredit ESG rating providers as universal consensus is a distant dream

ESG rating of 80% Indian firms just 'adequate' or 'below average': Analysis

Firms did better in environmental (E) parameter compared with social and governance (G), says Crisil Research