 "Adani, Adani Group")
As part of its defense against recent allegations of fraud, Adani Group companies have pointed to their commitments to ESG principles and global frameworks.
One of ESG’s most influential gatekeepers will soon render its own judgment.
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. If it reflects a significant downgrade in the ESG ratings of any of the Adani companies, they could be removed from ESG indexes and trigger a fresh round of selling.
As
