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India Inc's governance score improves marginally in 2021, shows IiAS study

20 companies were in the 'Leadership' category, against 11 in 2020 and six in 2019. These included Airtel, Cipla, HDFC Life, Marico and Tata Motors among others

Philippines offers at least $500 mn green bonds to European investors

The Southeast Asian country aims for a 75% reduction in greenhouse gas emissions by 2030 under its commitment to the Paris Agreement on Climate Change

Vedanta enters into pact with TERI to accelerate its ESG goals

Vedanta on Thursday said it has signed a pact with TERI to accelerate its Environmental, social, and governance (ESG) goals. Vedanta plans to invest around Rs 200 crore over the next five to 10 years on R&D and sustainability initiatives to promote and build a sustainable ecosystem. "Vedanta... on Wednesday signed a Memorandum of Understanding with TERI... to forge a long-term partnership and work in collaboration on creating a sustainable world by leveraging both the organizations' strength in the ESG space," Vedanta said in a statement. With a mission to promote 'Sustainable Use of Resources for a Resilient Planet through Transformative Actions', the memorandum of understanding (MoU) was signed at the World Sustainable Development Summit (WSDS). The partners will work towards building a sustainable future by engaging with governments, civil society and peers to promote a larger ecosystem for climate change, resource efficiency, and circularity, harnessing cleaner energy, ...

Implementing Sebi's ESG framework tough for Indian companies: Rating agency

The government's clean energy push has prompted the regulator to roll out a series of rules for the country's top 1,000 listed companies

The limits of compassionate capital

It took about 13 years for someone to figure out that the profits Mr Naqvi promised weren't forthcoming

Cos can gain $357 bn in profits a year with people focus, ESG: Infosys arm

While digital adoption and ESG orientation individually drive profits, they are more effective together, says the Infosys Digital Radar 2022 report

The ESG imperative

The need for businesses to shift their practices from wasteful extraction to sustainable, regenerative, equitable systems has never been greater

Assets under management for ESG funds up 2.5 times in FY21: Nasscom

Assets under management for environmental, social and governance (ESG) funds increased 2.5 times to $650 million in India in financial year 2021, a top official of IT industry body Nasscom said

Crisil Ratings to start disclosing ESG impact on credit profiles

Crisil Ratings on Saturday said it will start disclosing the impact of environmental, social and governance (ESG) parameters separately when assigning credit ratings.

Is climate finance the next bubble?

Asset managers think that tens of trillions of dollars, mostly in the form of green finance, could be available for environmental, social, and governance (ESG) lending

Are firms with better governance good for investors? Trends show this

Indices for companies scoring high on ESG standards have done well in five years but long-term trends are unclear.

India Ratings launches ESG relevance disclosure on rated companies

India Ratings and Research launched its integrated disclosure that shows how environmental, social, and governance (ESG) factors impact individual credit rating decisions

Ind-Ra to disclose more ESG notes on ratings from January 2022

These disclosures will be part of rating action commentaries for all entities having listed securities, says the rating agency

HCL Tech names ex-KPMG exec Santhosh Jayaram as global sustainability head

Jayaram had led the sustainability and climate change practices at KPMG and Det Norske Veritas

Sebi in process of stipulating disclosures specific to ESG scheme: Tyagi

The Sebi chief noted that Indian investors are showing increased interest in ESG compliant companies and investment products

ONGC signs pact with SECI to develop renewable, ESG projects

The Memorandum of Understanding (MoU) was signed by ONGC Chairman and Managing Director Subhash Kumar and SECI Managing Director Suman Sharma

India to reach net zero emissions by 2070, says Bhupender Yadav

Realising the effect of climate change on sustainable businesses, corporates in India are taking a serious note of the environmental, social and governance aspect to become more resilient, Yadav said

Vedanta aims to be ESG leader in natural resources, go net-zero by 2050

The company announced the evolution of its mission statement to strengthen the group's commitment to ESG performance

A firm's financial performance and ESG score are linked: ESGRisk.ai chief

In a Q&A, Sankar Chakraborti, who is also the group CEO at Acuite Ratings & Research, explains why ESG scores matter to investors

PwC to assist Snapdeal with its environment, social & governance programmes

As part of the engagement, PwC would assist Snapdeal to define the overall ESG vision