India: Is your business aligned with India’s ESG wave?
Jump to: Is your business aligned with India’s ESG wave? ESG investing (also known as “impact investing”) is on the rise, with global investors putting pressure on companies not only to deliver strong financial returns, but also to act responsibly and ethically to achieve this. This market pressure is further exacerbated by increasing global and local regulatory compliance and disclosure requirements related to environmental, social and governance (ESG). In response, investors are incorporating ESG elements as part of their investment decisions and due diligence processes. This is especially true for those considering the exciting market opportunities in India. While many are aware that the Indian government aims to attract at least $100 billion in total foreign direct investment (FDI) annually by 2024, they may not be aware that the government has also recently developed a progressive ESG regulatory framework. Therefore, investors need to ride the ESG wave in India and ensure that their ESG programs are strong enough to mitigate…